'By encouraging inexperienced investors to continuously execute trades, “Robinhood prioritized its revenue over the best interest of its customers,” the complaint says.' https://t.co/AhsAG19Ws3

— Jesse Felder (@jessefelder) December 16, 2020

MA regulators go after Robinhood's "gamification."

"The complaint alleges that, through the promise of free stocks, push notifications and its signature digital confetti, Robinhood encourages 'continuous and repeated engagement with its application.'"https://t.co/uvRufM0zht

— Tim Stenovec (@timsteno) December 16, 2020

who'da thunk gamifying day trading would work out badly https://t.co/m5WZgDDIdo

— David Gerard ?? (@davidgerard) December 16, 2020

Massachusetts securities regulators are expected to file a complaint today against the wildly popular trading platform Robinhood, alleging the company aggressively marketed to inexperienced investors and failed to implement controls to protect them.https://t.co/CtuS1Enm6d

— Demetri Kofinas (@kofinas) December 16, 2020

Massachusetts regulator to file complaint against Robinhood, alleging the company "aggressively marketed to inexperienced investors and failed to implement controls to protect them"https://t.co/VTiWAri5qF#fintech #finserv #Robinhood #RobinhoodTraders

— Jason Mikula (@mikulaja) December 16, 2020

Robinhood’s trading platform exposed Massachusetts investors to “unnecessary trading risks,” according to a complaint expected to be filed by the state’s securities regulators https://t.co/Y2V1qld9M7

— Anthony DeRosa ? (@Anthony) December 16, 2020

Massachusetts Sec. of Commonwealth Galvin says Robinhood is a reckless company gamifying investing https://t.co/lQIEGZ0QL4

— CNBC (@CNBC) December 16, 2020

マサチューセッツ州の当局が、来年の上場を目指す株式取引アプリであるRobinhoodを、「執拗に投資未経験者を取り込もうとする戦略」や、「投資家を欺くゲーミフィケーションの戦略」を理由に提訴された https://t.co/T8vRH79h1q

— Kohey / Rakuten USA (@Koheiya) December 16, 2020

Robinhood reportedly facing complaint by Massachusetts regulators over risks to young users https://t.co/sOqDEs7lI7

— CNBC (@CNBC) December 16, 2020

The final project in our “Finance & Society” class @mitpsts asked students to analyze social implications of a current financial technology. Many chose Robinhood — and they nailed everything in this am’s complaint: gamification, pushing options trading... https://t.co/CVpRqBChvo

— Will Deringer (@WilliamDeringer) December 16, 2020