Jul 29, 2021 • 50M

Trouble In The HOOD

Foot Guns Free Pod: Robinhood ecosystem is riddled with foot guns

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Providing thoughtful insights around the crypto space from Hal69K, Boomer, and Villy- our resident quant trader, global macro PM, and retail investor. Join us as we relate the basics of block chain technology to standard finance and spiral into crypto deep dives on the latest DAO discourse and crypto developments.<br /><hr><p style='color:grey; font-size:0.75em;'> See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>
Episode details

Note Bene: This was recorded prior to the IPO. We certainly aren’t bullish on HOOD now either. This episode is also available on Spotify and many other platforms or if you want to add manually to your podcast app feed you can do that.

Robinhood prides itself on "democratizing" investing, but its recent record setting FINRA fine and lengthy customer complaints it tell another story. Where will the future of low fee crypto trading be that retail can actually trust?

Read the complaint here: https://www.finra.org/sites/default/files/2021-06/robinhood-financial-awc-063021.pdf

Read the FT journalist tweet highlights here:

Read the Robinhood S-1 here: https://www.sec.gov/Archives/edgar/data/1783879/000162828021013318/robinhoods-1.htm#ib5a32e8afc3b422193a2f2891a49e0c9_1321