ROBINHOOD SUEDINVESTOR SAYS HE GOT SCREWED …By Unfair Trading Halt

A man with a major investment in BlackBerry options claims his finances are taking a dive due to Robinhood halting trading on his stock … a move he believes was made to protect Wall Street’s hedge fund bros. Richard Joseph Gatz of Illinois is going after the financial services company, after it stopped allowing individuals to buy stock in companies at the center of the current … Continue reading ROBINHOOD SUEDINVESTOR SAYS HE GOT SCREWED …By Unfair Trading Halt

SEC charges Robinhood with misleading customers about how it makes money

KEY POINTS The SEC charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver the promised best execution of trades. Robinhood agreed to pay a $65 million civil penalty, without admitting or denying SEC’s findings. The Securities and Exchange Commission on Thursday charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver … Continue reading SEC charges Robinhood with misleading customers about how it makes money

Dow futures drop 5%, hitting 'limit down' at the start of futures trading Sunday

Dow futures fell 5%, hitting the “limit down” maximum allowable limit and halting futures from falling further within minutes after futures trading began Sunday. Dow (INDU) futures dropped 954 points. S&P 500 (SPX) and Nasdaq (COMP) futures also fell around 5%. The sharp drop in stock futures points to another volatile week for Wall Street as coronavirus continues to take a toll on public health and the economy in the United States and elsewhere. The … Continue reading Dow futures drop 5%, hitting 'limit down' at the start of futures trading Sunday