Robinhood under pressure for bringing 'gamification' to investing
Robinhood under pressure for bringing ‘gamification’ to investing The free trading app has been applauded for democratizing the market but critics, and regulators, are starting to take a closer look December 18, 2020 5 MINS Robinhood was criticized this week for its use of gamification strategies to attract young investors in a complaint filed by the Massachusetts Securities Division that alleged the fintech manipulated its customers, many of whom are novice investors, into excessive trades. The regulators defined gamification as the application of typical elements...