Robinhood May Sell Shares Directly To Users If It IPOs
PYMNTS
JANUARY 8, 2021
Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers. 16, Massachusetts securities regulators filed a complaint against Robinhood alleging that the company aggressively marketed to inexperienced investors and failed to implement controls to protect them, violating state laws and regulations.
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