Financial Services Financial Services

Robinhood, other free US stock-trading apps set for exams by industry self-policer following GameStop frenzy

By Neil Roland
  • 10 Mar 2021 15:52
  • 10 Mar 2021 16:28
The US brokerage industry self-regulator is conducting a sweep of free trading apps like Robinhood to determine whether they're providing individual customers the best possible price on their trades.
The Financial Industry Regulatory Authority also is reviewing its own investor-protection rules in light of online brokerage apps’ use of game-like

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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