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Can Robinhood be Trusted with Retirement Accounts?

July 27, 2021

 

The brokerage popular among novice traders, Robinhood may soon add retirement accounts onto its platform following its impending IPO.

Foreside’s Stephen Murphy recently spoke with Fortune regarding this proposed change. New types of accounts could add scale to the brokerage—but may draw even more scrutiny from financial regulators.

“I would argue that what this does is broaden the regulatory scrutiny that Robinhood would be under because of the [Department of Labor].”

Click here to read the full interview.