Reply To: Should firms like Robinhood face consequences for gamifying day trading?

#180460
Steve

    Dylan, I think you’re absolutely spot on. I also believe Robinhood has now been landed with a pretty chunky fine for its actions – https://www.wealthmanagement.com/regulation-compliance/robinhood-pays-75m-settle-massachusetts-gamification-charge

    I’m not saying that’s enough and you’re right to call it out. Hopefully other ‘trading’ apps take notice and buck up their ideas.