UCI prof answers questions about Robinhood practices posed by OC Congresswoman Steel
- March 17, 2021
- Erin Lockwood, Southern California Record, March 17, 2021
“Trading apps aren't just neutral onramps into financial markets for small-dollar investors,” said Erin Lockwood, assistant professor of political science at the University of California, Irvine. “Despite marketing themselves as tools of financial inclusion, they're not providing a public service; they are for-profit companies with their own incentives and their own regulatory obligations, some of which entail, directly or indirectly, imposing limits on what trading activities are allowed.”
For the full story, please visit https://socalrecord.com/stories/579436485-uci-prof-answers-questions-about-robinhood-practices-posed-by-oc-congresswoman-steel.