Shares of Robinhood Markets retreated after the two of its units agreed to pay almost $30 million to resolve claims from the Financial Industry Regulatory Authority. The stock was down 6.6% at $41.50 in premarket trading. Shares had gained 19% year-to-date when the market closed last week.

Robinhood Markets (HOOD), the financial services platform, has agreed to pay $29.75 million to settle regulatory probes by the Financial

Two brokerage units of Robinhood Markets have agreed to pay $30 million to settle an investigation by the Financial Industry Regulatory Authority into a range of violations, some of which date back more than a decade.

The brokerage regulator said on Friday that Robinhood will pay a $26 million civil fine and $3.75 million of restitution to customers.

FINRA has ordered Robinhood Financial to pay $3.75M to its customers, and fined Robinhood Financial and Robinhood Securities $26M for violating numerous FINRA rules, including fai