As it looks ahead to IPO, popular trading app’s treatment of customers scrutinized (BARRON’S)
FrontLine Compliance
With an IPO in its sights next year, online trading firm Robinhood could be initially sidetracked by mounting regulatory obstacles that so far include cases involving customer harm brought by the Commonwealth of Massachusetts and the SEC. The lead resource in the story, Amy Lynch, FrontLine’s Founder and President, views the company’s alleged compliance failure of not following its own options approval rules – from the Massachusetts’ complaint – as potentially the more damaging issue.…
