UCI prof answers questions about Robinhood practices posed by OC Congresswoman Steel
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.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightWill 2026 bring financial crisis?
- Careet RightLockwood: Listening in at immigration court in the summer of courthouse ICE arrests
- Careet RightWhy are markets ignoring the obvious about America?
- Careet RightBank rules rollback contributed to SVB's failure, critics say
- Careet RightWhat is SWIFT and can it be used to sanction Putin and Russia?