Robinhood slapped with two separate regulatory complaints

Dec 18, 2020
Massachusetts regulators say the brokerage app Robinhood makes it too easy for inexperienced traders to buy risky options.
A number of lawmakers are calling for regulation of apps like Robinhood, including Rep. Ro Khanna. "Technology is not sufficient without proper regulations," he says.
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First, brokerages cut commissions. Now they may be bulking up.

Nov 21, 2019
Charles Schwab is reportedly in talks to buy rival TD Ameritrade. Merging could help make up for cutting trading fees to zero.
Charles Schwab is reportedly considering merging with TD Ameritrade.
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