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Act now to stem harmful 'investment addiction' among young adults

The number of retail, or non-professional, investors has grown exponentially in the U.S. throughout the pandemic. Large retail trading sites such as E*TRADE, TD Ameritrade, and Charles Schwab saw their number of new users increase by 103% compared to last year. At the same time, Robinhood had 3 million new accounts opened in the first quarter of 2020, almost double the first quarter of 2019. Half of Robinhood’s 3 million new accounts reported themselves as first-time investors. Teenage an...
United States Timothy Fong Henry Mockridge Law Program At Trinity College Gambling Studies Program Td Ameritrade

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