Hey finance enthusiasts! 📈 The SEC recently proposed new regulations targeting predictive data analytics used by broker-dealers & investment advisers. The goal? Protect investors & eliminate conflicts of interest. But Robinhood isn't too thrilled. 🤔

Robinhood's critique includes concerns about overreach of authority, potential stifling of innovation, and economic burdens that could trickle down to investors. They also question if the proposal is redundant, given existing regulations. 🧐

As the debate continues, we're all hoping for a balance between tech progress and investor protection. Fingers crossed! 🤞 #fintech #SEC #Robinhood