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Robinhood diversifies from trading with credit card launch
The platform aims to become a broader financial services firm.
DOJ cites antitrust concerns over SEC trading-execution reforms
The Justice Department's antitrust division asked the SEC to consider potential impacts of its proposals, including whether smaller pricing increments could increase competition between exchanges and wholesalers, and whether that might affect brokers' willingness to route orders to wholesalers.
Robinhood slashes 23% of workforce; chief product officer departs
The app-based brokerage's reductions were concentrated in operations, marketing and program management functions.
FTX is seeking a path to buy Robinhood
The president of the crypto exchange, Sam Bankman-Fried, says that he's 'excited’ about Robinhood’s prospects.
SEC to propose new rules for online brokers’ game-like features
SEC Chair Gary Gensler has raised concerns with how features closely associated with the mobile phone apps offered by brokers can impact trading.
SEC takes aim at payment-for-order flow
SEC Chair Gary Gensler is proposing sweeping changes to the rules underpinning the U.S. stock market, including a possible auction mechanism that would help retailer investors get the best pricing for their orders.
Robinhood cutting 9% of full-time staff as ‘hyper growth’ ebbs
The online brokerage, which has racked up more than $2 billion of losses since its IPO, had about 3,800 employees at the end of last year.
Robinhood debuts debit card after settling with state regulators
The Menlo Park, California-based company announced a new debit card last week, complete with a spare change investing feature, after reaching a settlement with the Vermont Department of Financial Regulation over lax oversight and service outages.
Robinhood settles with Vermont for $640,000 over outages
The Vermont Department of Financial Regulation said at least 40 customers in the state complained.
Robinhood readies feature that lets users lend out stocks
The feature appeared in a beta version of its iPhone app. Code describing the service — dubbed Stock Loan Income Program, or SLIP — was discovered by developer Steve Moser.
Robinhood plans spending account service alongside new cash card
The new account will be free; it will include a feature for automatically investing a percentage or standard dollar amount from paychecks, as well an early deposit feature that will let users receive their income up to two days early.
Arb win against Robinhood for meme-stock trading halt could provide road map
The victorious lawyer focused on alleged missteps related to liquidity and risk management, rather than conspiracy theory.
Robinhood to expand options contract feature to more traders
The ability to roll options was previously available only to Level 3 users, who have access to more trading functionality.
Robinhood plans crypto gifting feature
Users will be able to send cryptocurrency via digital gift cards, according to code discovered in a beta version of the company's iPhone app.
When a hacker calls: How Robinhood fell victim to a vishing scam
The hack raises new questions about Robinhood’s efforts to ensure that its millions of customers get the support and help they need to invest safely.
Robinhood traders uncovered a glitch that gave them ‘infinite leverage’
Value of covered calls traders bought on margin were added to their capital, allowing them to borrow more.
Robinhood gives banking another shot
Its new product will sweep uninvested funds out of customers' accounts into existing banks.
