Robinhood Markets (HOOD) Chief Executive Officer Vlad Tenev believes the UK should expand retail share buying by replicating successful US retirement and investment strategies, Bloomberg News reported Thursday, citing a Bloomberg Television interview with Tenev.

Workplace-sponsored pensions and newborn equity initiatives are models that could succeed in the British market, the news outlet quoted Tenev as saying.

The UK financial regulators demonstrated significant openness to industry improvements ahead of upcoming changes, Bloomberg reported, citing Tenev.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)