Zachary Clopton

Mar 30, 2025 | yalelawjournal.org | Natalya Shnitser |Kyle Langvardt |James Tierney |Zachary Clopton

Essay The retirement security of American workers is increasingly linked to the collective investment trust (CIT), a century-old bank product whose dramatic growth has been largely overlooked. As CITs replace mutual funds in retirement plans, this Essay explores the trade-offs associated with CITs as inve… Forum Robinhood and similar investment apps bear a disturbing resemblance to video slot machines. This kind of “gamified” product design drives investors to lose money by overtrading.