Robinhood has gained a larger role in Wall Street’s IPO market. CEO Vlad Tenev announced that regulators have approved Robinhood Securities to act as an underwriter, instead of only passing shares to app users. He described this as “the natural next step” in the company’s plan to involve retail investors more in the IPO process. … Continue reading Robinhood Wins IPO Underwriter Approval, Tenev Vows to Disrupt Wall Street