As it looks ahead to IPO, popular trading app’s treatment of customers scrutinized (BARRON’S)

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. Even as Robinhood’s regulatory dealings unfold, Ms. Lynch adds that how the stock market looks later in 2021 may have more influence on whether the time is right for a hot-ticket IPO. See BARRON’S (subscription required), “Robinhood Is Expected to Be a Top IPO in 2021. Recent Regulatory Actions Show the Hurdles Ahead.”