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7 mins read
Robinhood vs. SoFi Invest: Which is best?
Robinhood and SoFi Invest are low-fee investment apps offering a 1% IRA match on eligible deposits.…
Tessa Campbell
2 mins read
Robinhood gets slapped with FINRA's largest-ever fine to settle allegations of misleading customers and causing 'significant harm' to millions
FINRA said Robinhood misled millions of customers, approved ineligible traders for risky strategies…
Emily Graffeo
2 mins read
Robinhood slips 10% after warning that a crypto-driven revenue bump could soon fade
Cryptocurrency trading revenue in the second quarter increased to $233 million, compared to $5 mill…
Isabelle Lee
2 mins read
Regulators are taking steps to increase oversight of retail investors' ability to make risky options bets
"Retail investors may be opening accounts to trade options and other complex leveraged products wit…
Natasha Dailey
1 min read
Robinhood says it's under new investigation by FINRA days before its IPO
The agency is seeking information related to the fact that Robinhood CEO Vlad Tenev and co-founder …
Emily Graffeo
1 min read
Robinhood's IPO filing reveals over 50 lawsuits related to trading restrictions it imposed during January's meme-stock madness
Robinhood said the complaints allege breach of contract and negligence, among other claims.
Carla Mozée
2 mins read
Robinhood is facing a corporate backlash against its free stock program and regulators are circling
FINRA is coming under increasing pressure to adopt a rule stopping brokers from seeking compensatio…
Ethan Wu
3 mins read
Robinhood under investigation by SEC, FINRA for handling of day-long March outage, report says
Robinhood's trading platform was out of service through all of March 2, leaving investors unable to…
Ben Winck
2 mins read
Robinhood's fractional trading drove a phantom surge in volume of Berkshire Hathaway's hugely expensive Class A stock, according to study
Warren Buffett was reportedly bewildered by a massive trading volume surge in his Berkshire Hathawa…
Matthew Fox
2 mins read
Robinhood said it expects to pay a $30 million fine as part of anti-money laundering probe of its crypto business
The $165 million of one-time fines Robinhood has been ordered to pay date represent 32% of the comp…
Matthew Fox
4 mins read
Inside Robinhood's IPO filing
Robinhood's highly anticipated IPO paperwork was published Thursday. From its reliance on crypto to…
Dan DeFrancesco,Jordan Parker…
1 min read
Robinhood failed to disclose certain trading data that regulators have previously fined other brokerages for, report says
The data relates to stock trades executed under its fractional-share service, launched in December …
Shalini Nagarajan
2 mins read
A 27-year-old truck driver won $30,000 from Robinhood for its decision to halt meme-stock buying last year
The ruling by FINRA is the first of its kind to side with retail traders claiming their portfolios …
Natasha Dailey
3 mins read
A 'finfluencer' with millions of followers on social media says Robinhood and other trading apps might do more harm than good to young investors
Tori Dunlap, who saved her first $100,000 by age 25, says Robinhood and other trading apps need to …
Sophie Kiderlin
2 mins read
Robinhood's IPO filing reveals the US Attorney's Office executed a search warrant for CEO Vlad Tenev's cell phone
The company which publicly filed for an IPO on Thursday mentioned the search warrant in its risk fa…
Grace Kay
6 mins read
Here are all the fees you'll pay when using the Robinhood app - and how to avoid them
Robinhood bills itself as a free service, but users might have to pay certain fees while using this…
Kim Porter
2 mins read
Robinhood unveils long-awaited IPO documents that reveal staggering growth
The investing startup that pioneered free stock trading will list on the Nasdaq under the ticker HO…
Dominick Reuter,Grace Kay
8 mins read
Robinhood has filed for an IPO. Read its cofounders' letter to future investors.
The popular retail-investing app Robinhood filed to go public on Thursday, after a tumultuous sever…
Tim Levin
2 mins read
Stocks now represent a record-high percentage of financial assets among US households, reports say
Stocks represented 41% of US household financial assets in April, according to data from JPMorgan a…
Will Daniel
2 mins read
Robinhood trading debut - China's $2 trillion market loopholes - Morgan Stanley bumps pay
The top finance stories for July 29, including the latest on Robinhood's trading debut, Chinese com…