18 January 2024

Robinhood settles with Massachusetts regulators for $7.5M over claims of using "gamification" strategies to encourage inexperienced users to place risky trades (Nate Raymond/Reuters)

Nate Raymond / Reuters:
Robinhood settles with Massachusetts regulators for $7.5M over claims of using “gamification” strategies to encourage inexperienced users to place risky trades  —  on Thursday agreed to pay a $7.5 million fine and overhaul its practices to resolve allegations …

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