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Robinhood details possible changes to options offering following suicide by customer

Published 06/19/2020, 04:12 PM
Updated 06/19/2020, 04:15 PM
© Reuters.

NEW YORK (Reuters) - Robinhood Markets Inc said on Thursday that it would consider expanding requirements to make users eligible for options trading, as well as improve its user interface, following news that one of its customers took his own life after believing he incurred a large loss using the free trading app.

The company said in a blog post that it was also expanding its educational content related to options trading, and was making a $250,000 donation to the American Foundation for Suicide Prevention.

Latest comments

I hope the head of their Compliance Department was fired! If I was his family, I would have filed a wrongful death lawsuit against Robinhood already!
Trading is vey addicted.
Blame it on Trump.  He has groomed a new generation of gamblers with his policies.  Sad!
Congratulations. You've won the most ignorant statement award.
I hope this was sarcasm.
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