The popular app for trading stocks is in hot water, and will pay $65 million to settle SEC charges. Plus, another major antitrust lawsuit for Google. And, what to expect from the the Consumer Financial Protection Bureau under Biden.
Massachusetts regulators say the brokerage app Robinhood makes it too easy for inexperienced traders to buy risky options.
Marketplace’s Erika Beras reports.
Under President Trump, the Consumer Financial Protection Bureau relaxed rules on payday lending and debt collection.