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Consumer Protection Agency Sues Trade Republic Over Misleading Interest Rate and Deposit Insurance Claims
The Baden-Württemberg consumer protection agency sued Trade Republic in Berlin for misleading advertising about its 3% interest rate and deposit insurance, claiming that only deposits in partner banks are fully protected, while investments in money market funds are not.
Consumer Protection Agency Sues Trade Republic Over Misleading Interest Rate and Deposit Insurance Claims
The Baden-Württemberg consumer protection agency sued Trade Republic in Berlin for misleading advertising about its 3% interest rate and deposit insurance, claiming that only deposits in partner banks are fully protected, while investments in money market funds are not.
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