Those of us who buy and trade stocks/options on Robinhood unfortunately got some bad news that could derail many users from continuing on the brokerage application. A few days ago the SEC (Securities and Exchange Committee) announced that they would be fining Robinhood $65M for allegedly targeting young and inexperienced traders. Check out the video above, as Andrei Jikh does a great job of explaining why Robinhood was fined $65M and what the future may hold for the popular trading platform.
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