Robinhood, a commission-free trading app, said Friday it is making changes after a 20-year-old customer died by suicide thinking he incurred losses of over $730,000.
Co-founders Vlad Tenev and Baiju Bhatt said they’re expanding options-trading educational content and hiring a specialist to further assist users.
Robinhood is also working to improve messaging to customers about multi-leg options spreads, a complex style of options trading, and changing parts of its user interface.
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After a young customer died by suicide