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Robinhood said to not be properly insured to offer checking & savings
Currently unavailable
Robinhood said to not be properly insured to offer checking & savings
ratings:
Length:
9 minutes
Released:
Dec 17, 2018
Format:
Podcast episode
Description
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.
Released:
Dec 17, 2018
Format:
Podcast episode
Titles in the series (100)
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