Buck Bully
[CNBC, Reuters] The online brokerage said Monday that a Nov. 3 data breach involved about 7 million customers. Most of them had either their email address or full names exposed, while a small group had more extensive information compromised. The incident is a good reminder that there are ways to […]
[MarketWatch, Getty Images] Payment for order flow could reemerge as a focus for federal regulators Online brokerage Robinhood has drawn bipartisan ire in Washington after it unexpectedly restricted purchases of share GameStop, Inc. and other hot stocks, and this attention could motivate regulators to curtail its most profitable line of […]
[Reuters, File Photo] BOSTON/LONDON (Reuters) – Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop Corp and AMC Entertainment Holdings Inc is spreading to other assets. Some of Wall Street’s largest hedge […]
[MarketWatch, Getty Images] Robinhood told users on Thursday, hours before the market open, to raise their cash buffers on several widely held stocks because they could face an account deficit. The trading platform said that to “help protect” customers from increased volatility before the US election, from Friday onward it […]
[CNBC] Popular trading platform Robinhood is under investigation related to its disclosures around its practice of selling clients’ orders to high-frequency traders, the Wall Street Journal reported Wednesday. The Securities and Exchange Commission’s probe into the Silicon Valley start-up is at an advanced stage and could result in a fine of more than […]
[The Motley Fool, Getty Images] Though Robinhood investors are known for chasing penny stocks, these widely held companies have the potential to make investors rich. Wall Street and investors likely won’t soon forget 2020. That’s because we’ve witnessed a decade’s worth of volatility crammed into a six-month span. Uncertainty surrounding […]
[Forbes] The note found on his computer by his parents on June 12, 2020, asked a simple question. “How was a 20 year old with no income able to get assigned almost a million dollars worth of leverage?” The tragic message was written by Alexander E. Kearns, a 20-year-old student […]