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…