Robinhood · Robinhood Customer Agreement · View original document ↗

Fully Paid Securities Lending Authorization

High severity Rare · 1 of 343 platforms
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Recent governance activity Robinhood recorded 12 documented changes in the last 30 days.
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This analysis describes what Robinhood's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Securities lending generates revenue for the broker through compensation paid by borrowers, creating a revenue stream from customer holdings. The provision establishes the operational framework through which the broker monetizes customer securities while the customer retains ownership and dividend/voting rights.

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 3, 2026
First Seen
Apr 3, 2026
Last Seen
This clause type exists across 27 other provisions on other platforms.

Consumer impact (what this means for users)

Under this authorization, securities in fully paid accounts become eligible for lending to third parties at the broker's discretion. Customers receive compensation for lending, but the broker controls deployment of the securities and selection of counterparties without transaction-by-transaction customer approval.

How other platforms handle this

Apple High

In all other storefronts, except for the United States storefront, where this prohibition does not apply, apps and their metadata may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase.

YouTube High

Brands rely on us to protect their business interests when they're advertising on YouTube. To help support this, we have a set of Ad-Friendly guidelines creators in the YouTube Partner Program (YPP) need to follow in order to have Ads served on their channel content and earn a share of the revenue.

Meta High

If the products or services you, or your affiliates, provide to end users, in connection with Llama 3, have monthly active users in excess of 700 million users in the prior calendar month, you must request a license from Meta, which Meta may grant to you in its sole discretion, and you may not exerc...

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Applicable regulations

FTC Act Section 5
United States Federal

Provision details

Document information
Document
Robinhood Customer Agreement
Entity
Robinhood
Document last updated
May 5, 2026
Tracking information
First tracked
March 6, 2026
Last verified
May 12, 2026
Record ID
CA-P-000433
Document ID
CA-D-00050
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
42fdece1ce06bb1213691f7474d4463025e28fcf4db4d7ada943d32d7009952a
Analysis generated
March 6, 2026 20:25 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Robinhood
Document: Robinhood Customer Agreement
Record ID: CA-P-000433
Captured: 2026-03-06 20:25:05 UTC
SHA-256: 42fdece1ce06bb12…
URL: https://conductatlas.com/platform/robinhood/robinhood-customer-agreement/fully-paid-securities-lending-authorization/
Accessed: July 4, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Robinhood's Fully Paid Securities Lending Authorization clause do?

Securities lending generates revenue for the broker through compensation paid by borrowers, creating a revenue stream from customer holdings. The provision establishes the operational framework through which the broker monetizes customer securities while the customer retains ownership and dividend/voting rights.

How does this clause affect you?

Under this authorization, securities in fully paid accounts become eligible for lending to third parties at the broker's discretion. Customers receive compensation for lending, but the broker controls deployment of the securities and selection of counterparties without transaction-by-transaction customer approval.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 1 platforms. See the full comparison.

Is ConductAtlas affiliated with Robinhood?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Robinhood.