Robinhood Markets Inc. said it received a formal request from the Commodity Futures Trading Commission to suspend its ...
Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on ...
Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl ...
Robinhood said on Tuesday it had received a formal request from the U.S. Commodity Futures Trading Commission to roll back ...
Some customers will be able to wager on the outcome of the Chiefs vs the Eagles in Robinhood's first foray into sports ...
Robinhood said on Tuesday it had suspended trading in Super Bowl betting contracts after the brokerage received a request ...
CNBC's Becky Quick reports on the latest news.
While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area ...
Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.
The halt comes just a day after Robinhood launched the product. Robinhood said on Tuesday it is rolling back the event ...
The CFTC asked the brokerage to stop offering customer access to contracts, warning that they might be illegal blurring of ...