Robinhood has announced changes to its app and the hiring of an options education specialist after a young user’s suicide

  • Robinhood, a commission-free trading app, said Friday it is making changes after a 20-year-old customer died by suicide thinking he incurred losses of over $730,000.
  • Co-founders Vlad Tenev and Baiju Bhatt said they’re expanding options-trading educational content and hiring a specialist to further assist users.
  • Robinhood is also working to improve messaging to customers about multi-leg options spreads, a complex style of options trading, and changing parts of its user interface.