Robinhood · Robinhood Privacy Policy · View original document ↗

Data Sharing for Targeted Advertising

High severity Unique · 0 of 343 platforms
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Recent governance activity Robinhood recorded 13 documented changes in the last 30 days.
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Document Record

What it is

Robinhood shares your personal data — including financial and behavioral information — with third-party advertising partners to show you targeted ads on other websites and apps.

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)

Your sensitive financial behavior on Robinhood may be used to build an advertising profile that follows you across the internet, which many users would not expect from a financial services provider.

Recent Activity

This document changed recently

Medium Mar 6, 2026

The updated privacy policy reorganizes how Robinhood discloses its handling of financial information, now grouping GLBA-regulated disclosures by individual service entity with updated reference links rather than listing all entities in a single section. The policy also removed coverage of Robinhood Social, meaning privacy practices for that social media product are no longer described in this statement. The revised policy clarifies that it applies when you are logged into services or interact through online customer service channels, and directs users to a separate Robinhood Markets US Online Privacy Statement for information about non-financial data collection practices.

View change record →

Consumer impact (what this means for users)

Robinhood collects extensive personal and financial data — including transaction history, device data, and behavioral inferences — and shares it with affiliates, service providers, and third-party advertising partners. This means your investment activity and financial profile may inform targeted advertising both on and off the platform. You can opt out of the sale or sharing of your personal information for targeted advertising by visiting Robinhood's privacy settings in the app or at robinhood.com/privacy.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Opt Out of Arbitration
    Open the Robinhood app, navigate to Account > Privacy Settings, and select 'Do Not Sell or Share My Personal Information.' Alternatively, visit robinhood.com/privacy to submit a request online.

Cross-platform context

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ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

Under CCPA/CPRA, sharing personal information with third parties for cross-context behavioral advertising constitutes a 'share' triggering opt-out rights under Cal. Civ. Code § 1798.120; firms must maintain and honor Global Privacy Control (GPC) signals and provide a clear opt-out link.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • Federal Trade Commission (ftc)
    Oversees unfair or deceptive business practices and can investigate companies that mislead consumers about data collection, sharing, or use.
    Who can file: Anyone affected by the company's practices (US or international)
    What you need: Your account details, a timeline of relevant events, and a description of the specific issue
    What to expect: Complaints inform FTC enforcement priorities and investigations but do not result in individual resolution or compensation
    File a complaint →
  • State Attorney General
    State AGs in California, New York, Texas, and other states can investigate violations of state consumer protection and privacy laws, including CCPA (California), SHIELD Act (New York), and equivalents.
    Who can file: Residents of states with comprehensive privacy laws — primarily California, Virginia, Colorado, Connecticut, and Utah
    What you need: Evidence of the violation, explanation of how your state rights were affected, and your account or contact information with the company
    What to expect: Outcomes vary by state. May result in investigation, enforcement action, or requirement for the company to change practices. No direct individual compensation in most cases.

    Search "[your state] attorney general consumer complaint" to find your state's direct complaint form

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Robinhood Privacy Policy
Entity
Robinhood
Document last updated
May 5, 2026
Tracking information
First tracked
March 6, 2026
Last verified
March 9, 2026
Record ID
CA-P-00051000
Document ID
CA-D-00051
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
4ab30fcea795efa2cc5a3a09803793749af7e829965bcb7ac060bb709075a13f
Analysis generated
March 6, 2026 19:25 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Robinhood
Document: Robinhood Privacy Policy
Record ID: CA-P-00051000
Captured: 2026-03-06 19:25:47 UTC
SHA-256: 4ab30fcea795efa2…
URL: https://conductatlas.com/platform/robinhood/robinhood-privacy-policy/data-sharing-for-targeted-advertising/
Accessed: June 10, 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 Data Sharing for Targeted Advertising clause do?

Your sensitive financial behavior on Robinhood may be used to build an advertising profile that follows you across the internet, which many users would not expect from a financial services provider.

Is ConductAtlas affiliated with Robinhood?

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