Before the CFTC decision, Robinhood, which boasts nearly 25 million users, had offered contracts on the Super Bowl outcome, allowing users to buy a “Yes” contract with a $1 payout if their chosen team ...
Robinhood (Nasdaq: HOOD) has suspended offering Super Bowl event contracts only a day after listing them, following a request from the Commodity Futures Trading Commission (CFTC). Event Contracts Are ...