Tag: Gamification

Game Over: Robinhood Pays $7.5 Million to Resolve “Gamification” Securities Violations | Vinson & Elkins LLP

The charges and settlement with Robinhood represent the latest development in a growing trend of concern amongst securities regulators regarding how modern broker-dealers and investment advisors interact with their customers in the digital age. Although the United States Securities and Exchange Commission (the “SEC”) has not enacted a fiduciary duty standard as extensive as that in Massachusetts, the SEC recently…

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