I gave robinhood a pretty serious fine, seventy million dollars. The settlement was because of the technical failures they had and a reported lack of due diligence before approving customers to place option trades. I think i err on the side of educating people, and once educated, letting them do what they want with their money. Misleading customers aboutr on margin is another thing....
Robinhood is going public! Jason breaks down their recently filed S-1 and covers the most important metrics (1:56), comparisons against other major brokerages (8:45) and more!