Mass. looks to bar Robinhood in state

Regulators in Massachusetts are trying to effectively bar the popular Robinhood trading app from the state. It’s an escalation for the Massachusetts securities division, which accused Robinhood in December of making investing seem like a game to lure unsophisticated investors into making too-risky trades. Robinhood is blasting the complaint, calling it elitist and based on a rule that should not apply in its case.