The Robinhood platform has reached an agreement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay $45 million in fines for violating more than ten provisions of the securities act. These violations relate to two divisions of the company — Robinhood Securities LLC and Robinhood Financial LLC.

The SEC said that in 2020-2022, Robinhood did not comply with short-selling rules, did not file timely reports on suspicious activity, made errors in electronic reporting, and did not properly protect customer data.

Fines of $33.5 million and $11.5 million are due by January 27. This is not the first time Robinhood has faced charges — the company previously paid $3.9 million in fines in California for restrictions on the withdrawal of cryptocurrencies.