Robinhood Uses Game-Like Features to Attract Users, Rep. Casten Says

The video discusses how social media companies use engagement techniques that can lead to problematic behaviors, such as excessive gambling. It highlights Robinhood's business model, which uses gamification to attract less informed investors, often younger individuals. The video also covers proposed regulatory measures, like the 'Trading is Not a Game Act,' aimed at ensuring financial platforms adhere to best interest obligations and protect investors from manipulative practices.

In what ways might gamification in trading be problematic for investors?

What measures are being proposed to address the psychological nudges in trading?