I'm sure someone in management came up with the idea and said it will make a lot of money or get lots of customers. Anyone who said otherwise is a debbie downer and shunned. It also reveals their culture of speaking up.
I don't see how such a new bold product can pass legal, even if it passes management. Their legal team probably sit around nodding their head as they collect their paychecks. They deserve to be fired before getting Robinhood into much bigger trouble.