Robinhood's College Tour May Fly In The Face Of Regulators
By Al Barbarino (September 30, 2021, 8:45 PM EDT) -- Robinhood's new initiative to attract college students with raffles and cash prizes has raised eyebrows amid accusations that it has "gamified" investing at the expense of inexperienced investors, a move that could provoke regulators as they aim to get a grip on the latest tactics used by online trading platforms.
Robinhood's college initiative could bring additional regulatory scrutiny to the firm, experts said. (SOPA Images via Getty Images) Earlier this month, Robinhood Markets Inc. announced in a blog post that it is offering students who sign up for a brokerage account using their school email addresses $15 to trade and one free...
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