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Questions About Robinhood"s New 3% Checking Referred to SEC

Robinhood just launched a checking and savings account with a 3% interest rate, but a key industry group has pushed back on its claims that the cash is insured up to $250,000......»»

Category: topSource: barronsDec 15th, 2018

: The most frequently asked questions by Robinhood traders reveal ‘new type of uninformed equity-market participant’

This new generation of trade 'in aggregate has negative effects on market quality,' a new study says......»»

Category: topSource: marketwatchMar 11th, 2021

: The most frequently asked questions posed by Robinhood traders reveal ‘new type of uninformed equity-market participant’

This new generation of trade 'in aggregate has negative effects on market quality,' a new study says......»»

Category: topSource: marketwatchMar 9th, 2021

Biden’s SEC pick says GameStop saga raises questions about trading apps like Robinhood

President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade mo.....»»

Category: topSource: chicagotribuneMar 2nd, 2021

Charles Schwab wants to be more Stitch Fix than Costco as it focuses on personalized investment services

The firm tried to avoid answering questions on the big short squeeze that slammed Robinhood in recent days, but the huge trading volumes and resulting capital requirements came up throughout Schwab's investor event Tuesday......»»

Category: topSource: bizjournalsFeb 3rd, 2021

6 Highlights From Mark Cuban"s Reddit AMA: GameStop, Robinhood, WSB And Much More

Billionaire investor, Dallas Mavericks owner and "Shark Tank" star Mark Cuban hosted a Reddit AMA Tuesday morning where he fielded questions on the Reddit community across many topics. Here is a summary of the key takeaways. read more.....»»

Category: blogSource: benzingaFeb 2nd, 2021

Key Words: Tesla CEO Elon Musk calls Robinhood CEO ‘Vlad the Stock Impaler’ and grills him over the GameStop saga

Elon Musk, the chief executive officer of electric-car maker Tesla, became the interviewer on live-audio conversation app Clubhouse on Monday, as he fired questions at the co-founder and chief executive officer of free trading app Robinhood......»»

Category: topSource: marketwatchFeb 1st, 2021

Key Words: Tesla CEO Elon Musk calls Robinhood CEO ‘Vlad the stock impaler’ and grills him over the GameStop saga

Elon Musk, the chief executive officer of electric-car maker Tesla, became the interviewer on live-audio conversation app Clubhouse on Monday, as he fired questions at the co-founder and chief executive officer of free trading app Robinhood......»»

Category: topSource: marketwatchFeb 1st, 2021

Exclusive: Robinhood seeks regulatory approval to create a national bank

Robinhood had to backtrack last year on plans to offer checking and savings accounts — but not before 850,000 potential customers said they were interested......»»

Category: topSource: bizjournalsApr 19th, 2019

Robinhood Launches Free Checking, Saving Accounts With 3% Interest

Trading app Robinhood has found tremendous success in disrupting the discount broker market, and the company is now setting its sights on the traditional banking business. read more.....»»

Category: blogSource: benzingaDec 13th, 2018

Robinhood rocks banking with 3-percent savings interest rate

Robinhood debuted its own no-fee checking and savings products t.....»»

Category: topSource: usatodayDec 13th, 2018

Investment App Robinhood is Now Offering a 3% No-Fee Savings Account

Robinhood App Offering New No-Fee Checking, Savings Accounts Robinhood is now competing with ban.....»»

Category: europeSource: fortuneDec 13th, 2018

Are the new Robinhood checking and savings products FIDC or SIPC insured?

Robinhood’s checking and savings features are not bank accounts, aren't FDIC-insured, but are backed by the SIPC. Here's what that.....»»

Category: topSource: usatodayDec 13th, 2018

Robinhood aims an arrow at the heart of banks: Their checking and savings accounts

Robinhood said Thursday that it debuted checking and savings accounts that yield 3 percent, far more than those offered at most financial institutions. “Today, we’re furthering our mission to democratize America’s financial system by introducin.....»»

Category: topSource: bizjournalsDec 13th, 2018

Robinhood tempts savers with 3% interest on checking accounts — should consumers hand over their cash?

Wealthfront, Betterment, Qapital and SoFi are among the fintechs offering checking and savings products......»»

Category: topSource: marketwatchDec 14th, 2018

Robinhood Seeks to Take On the Banks With a 3% Rate, but There"s a Catch

The investing app is offering an above-market interest rate on savings and checking, but customers should understand that it is actually a cash management account......»»

Category: topSource: barronsDec 14th, 2018

This fintech firm just offered the highest interest rate on checking, saving

Robinhood debuted its own no-fee checking and savings products that earn 3 percent, the highest in the industry......»»

Category: topSource: moneycentralDec 14th, 2018

You won"t believe how much interest rate this firm is offering

Robinhood debuted its own no-fee checking and savings products that earn 3 percent, the highest in the industry......»»

Category: topSource: moneycentralDec 14th, 2018

Robinhood just launched a 3% checking and savings plan. It"s really just a dressed-up money market mutual fund

Robinhood Financial’s grand plan to disrupt the .....»»

Category: topSource: latimesDec 14th, 2018

Robinhood checking and savings: What we know about its relationship with SIPC, FDIC

Robinhood’s checking and savings features are not bank accounts, aren't FDIC-insured, or protected by the SIPC. Here's what th.....»»

Category: topSource: usatodayDec 14th, 2018

Cash deposited in Robinhood's 3% checking and savings isn't insured, SIPC says

Cash in Robinhood's new checking and savings products that were rolled out this week is not insured by the Securities Investor Protection Cor.....»»

Category: topSource: usatodayDec 14th, 2018