Robinhood increases guardrails on options trading in the wake of a customer suicide

Robinhood increases guardrails on options trading in the wake of a customer suicide

Robinhood app

Source: Robinhood

Robinhood is making it more difficult to get access to its options offering in the wake of a customer’s suicide last week. 

In a blog post Friday, Robinhood’s co-CEOs outlined multiple changes to the free-trading app. Robinhood will increase eligibility requirements, and “consider additional criteria” for customers for level three options authorization “to…

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