• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Digital News Updates
  • Home
  • News
  • Politics
  • Business

Consumer watchdog sees surge in Robinhood complaints

February 5, 2021

A U.S. consumer watchdog saw a surge in complaints regarding Robinhood last week, with some clients claiming they were unable to liquidate holdings and move to other brokerage firms.

The Federal Trade Commission received more than 100 Robinhood-related reports from January 24th through February 2, according to the agency. The prior week brought in seven such complaints. Agency data on other firms were not immediately available.

Last week was chaotic for trading platforms as investors piled into GameStop, AMC and other high-flying stocks. Robinhood restricted trading of as many as 50 names due to the volatility, and has since lifted those limits.

READ MORE

Filed Under: Business, Featured

No related articles Found.

Primary Sidebar

Digital News Updates Logo

Recent News Posts

  • Montana adds stronger privacy protections
  • Confederated Salish and Kootenai Tribes urge Canadian Prime Minister to end coal mining
  • Montana Meth Project brings back ‘Paint the State’
  • Special Olympics Torch making its way through Montana

Recent Politics Posts

  • Tester votes for debt ceiling deal
  • Confederated Salish and Kootenai Tribes urge Canadian Prime Minister to end coal mining
  • Emails reveal Tester used lobbyist to write legislation
  • Gianforte Announces Advisory Council for Billings Judicial Vacancy

Recent Business Posts

  • Business booming in gateway communities to Yellowstone
  • Montana ranks best state to start a new business
  • Woodstock for capitalists, coming May 6th
  • Citizens Alliance Bank to buy Montana-based bank

Copyright © 2023 Digital News Updates, All Rights Reserved.