Robinhood’s 3% interest checking & savings may not be properly insured

9:47am PST - December 14th, 2018    stock-market - TechCrunch

Robinhood’s new high-interest, zero-fee checking and savings feature seems to be too good to be true. Users’ money may not be fully protected. The CEO of the Securities Investor Protection Corporation, a non-profit membership corporation that insures stock br…