Robinhood · Robinhood Privacy Policy · View original document ↗

Government ID and Sensitive Financial Data Collection

High severity Unique · 0 of 343 platforms
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Recent governance activity Robinhood recorded 15 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)

The specification of these data categories establishes the baseline information Robinhood requires for identity verification, regulatory compliance, and account linking functions. Identifying these sensitive data types in the privacy policy indicates the operational scope of data collection and informs downstream privacy commitments regarding how such information is stored, secured, and used.

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 →

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 28, 2026
First Seen
Apr 28, 2026
Last Seen
This clause type exists across 967 other provisions on other platforms.

Consumer impact (what this means for users)

By using Robinhood's investment platform, users authorize the collection of government identification numbers and financial account information necessary to establish and maintain brokerage accounts. The terms require disclosure of these sensitive data elements as a condition of account activation and trading functionality.

How other platforms handle this

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"By clicking 'Next', you are indicating that you have read and agree to the TERMS OF USE AND PRIVACY POLICY"

OpenAI Medium

We automatically collect certain information from your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Service, we collect information about the individual web pages or products th...

Microsoft Azure Medium

Location data. Data about your device's location, which can be either precise or imprecise. For example, we collect location data using Global Navigation Satellite System (GNSS) (e.g., GPS) and data about nearby cell towers and Wi-Fi hotspots. Location can also be inferred from a device's IP address...

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▸ View Original Clause Language DOCUMENT RECORD
"
Government-issued identification numbers, such as your Social Security number, driver's license number, passport number, or other government-issued ID number, as well as financial account information including bank account numbers, investment account numbers, and related financial data.

— Excerpt from Robinhood's Robinhood Privacy Policy

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
TCPA
United States Federal
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
May 10, 2026
Last verified
May 12, 2026
Record ID
CA-P-003953
Document ID
CA-D-00051
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
9efc213c29edcd5de954b7c48b928ff6afe1df8832a8df5c8b4fb03afbed13c3
Analysis generated
May 10, 2026 12:35 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Robinhood
Document: Robinhood Privacy Policy
Record ID: CA-P-003953
Captured: 2026-05-10 12:35:17 UTC
SHA-256: 9efc213c29edcd5d…
URL: https://conductatlas.com/platform/robinhood/robinhood-privacy-policy/government-id-and-sensitive-financial-data-collection/
Accessed: June 17, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Built from archived source documents, structured governance mappings, and historical version tracking.

Frequently Asked Questions

What does Robinhood's Government ID and Sensitive Financial Data Collection clause do?

The specification of these data categories establishes the baseline information Robinhood requires for identity verification, regulatory compliance, and account linking functions. Identifying these sensitive data types in the privacy policy indicates the operational scope of data collection and informs downstream privacy commitments regarding how such information is stored, secured, and used.

How does this clause affect you?

By using Robinhood's investment platform, users authorize the collection of government identification numbers and financial account information necessary to establish and maintain brokerage accounts. The terms require disclosure of these sensitive data elements as a condition of account activation and trading functionality.

Is ConductAtlas affiliated with Robinhood?

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