Robinhood under investigation by SEC, FINRA for handling of day-long March outage, report says | Markets Insider

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Robinhood under investigation by SEC, FINRA for handling of day-long March outage, report says

35-year market vet David Rosenberg warns the stock market's rally features distortions that were glaring during the tech bubble — and lays out his plausible scenario for a crash

Robinhood cited infrastructure"instability" for March's system failure and noted that funds and personal information were safe throughout the outage. Federal Trade Commission comments obtained by Bloomberg show the agency receiving 473 reports on Robinhood from January to mid-July. By comparison, the FTC received 126 reports for Charles Schwab, 111 for E-Trade, and 69 for Fidelity over the same period.

 

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Robinhood is a very poorly made brokerage platform, it needs to be probed

Just in time for them to shit the bed again today.

Aren't they currently down as we speak.

Good scammers

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