01:19 PM EST, 02/04/2025 (MT Newswires) -- Robinhood Markets ( HOOD ) said Tuesday it is suspending the rollout of the Pro Football Championship market after its Robinhood Derivatives unit was requested by the Commodity Futures Trading Commission to "not permit customers to access" sports event contracts.

"We have rolled this product out to roughly 1% of our customers, and for those who already placed trades, we plan on providing the option to close their positions or take them to resolution," Robinhood said in a statement.

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