Robinhood
SEC Chair, Investor Advocates Sharpen Criticism of ‘Gamification’ in Online Trading
The platforms’ digital tactics may create conflicts for retail traders by encouraging investors to trade more often or alter their trading strategy, Chair Gary Gensler said.
Robinhood Repurposes Dollar-Cost-Averaging Theory for Crypto
The self-directed platform began to roll out a new feature on Wednesday, but New Yorkers won’t have access to it.
Robinhood Extends Slump on Payment for Order Flow Ban Fears
Robinhood fell about 3.3% in early trading Tuesday after Gensler told Barron’s the day before that paying for order flow — where brokerages send customer orders to trading firms and receive payments in return — has “an inherent conflict of interest.”
Robinhood Tripled Prior Year’s Lobbying Spend in First Half of 2021
The self-directed investor platform poured $880,000 into lobbying between January and June 30, compared to $275,000 for all of 2020, according to lobbying tracker OpenSecrets.org.
Wall Street Breaks From Robinhood in Stock Settlement Lobbying
Robinhood Markets Inc.’s Vlad Tenev’s effort to get brokerages and investment firms to settle stock trades in real time isn’t winning over Wall Street.
Robinhood Loses More Ground in Trading Debut After Muted IPO
Robinhood Markets Inc., the online trading platform focused on making investors out of millennials, fell as much as 7.9% after raising $2.1 billion in an initial public offering priced at the bottom of a marketed range.
Robinhood IPO Could Bring More Disruption for Traditional Brokerage Firms
Robinhood’s post-IPO plans remain a mystery but its plans to hire hundreds of registered reps could lay the groundwork for wealth management services, some analysts speculate.
Finra Slams Robinhood with Record $70 Million Settlement over Supervisory Failures
The regulator said the penalties reflected the “widespread and significant harm” suffered by the commission-free trading app’s customers due to supervisory issues and trading outages.
Robinhood Judge Won’t Block Massachusetts Fiduciary Rule
Robinhood Markets lost a bid to immediately stop Massachusetts securities regulators from enforcing a new rule that holds brokers accountable to a fiduciary standard of care.
SEC Chief Signals New Rules That Could Threaten Robinhood, Citadel
U.S. Securities and Exchange Commission Chairman Gary Gensler sent his strongest signal yet that wild trading in GameStop Corp. could lead to new rules for online brokerages and firms that dominate the business of executing stock orders.
Robinhood Is Said to Have Filed Confidentially for U.S. IPO
Robinhood Markets Inc., the popular trading app, has filed confidentially for an initial public offering with the U.S. Securities and Exchange Commission, according to people familiar with the matter.
