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December 14, 2018 05:47 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XU942-Q0uvU/
Robinhood said to not be properly insured to offer checking & savings
Robinhood’s new high-interest, zero-fee checking and savings featureseems to be too good to be true. Users’ money may not be fully protected. The CEO of the Securities Investor Protection Corporation, a non-profit membership corporation that insures stock brokerages, tells TechCrunch its insurance would not apply to checking and savings accounts the way Robinhood claims. “Robinhood […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XU942-Q0uvU/
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