Does etrade report to the IRS?

I'm curious to know if Etrade, a popular online trading platform, is required to report any financial transactions or earnings to the Internal Revenue Service (IRS). As a user of their services, I want to ensure that I'm fully compliant with tax regulations and avoid any potential penalties. Can you clarify if Etrade is obligated to report my trading activities and earnings to the IRS, and if so, what specific information is typically included in these reports?