Massachusetts securities regulators reportedly plan to file a complaint against popular stock-trading app Robinhood. The complaint accuses the company of aggressively marketing to unexperienced investors and exposing investors to “unnecessary trading risks,” according to a report Wednesday from The Wall Street Journal, which reviewed a draft of the complaint.
Robinhood, which reportedly has more than 13 million customer accounts, has faced regulatory scrutiny before. The US Securities and Exchange Commission…
Source CNET Tech