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Research this a bit more. It may be within their risk parameters or guidelines. But if you think theres a breach here, you should raise a FINRA complaint.
by anonu 6y ago
Research this a bit more. It may be within their risk parameters or guidelines. But if you think theres a breach here, you should raise a FINRA complaint.
- ikeboy 6y agoThey pointed me to an obscure page on their site that implies but doesn't directly say that this might happen. I don't know the laws, have to do more research.
- gamblor956 6y agoDoesn't matter. Raise a FINRA complaint now. You don't need to be an expert in the rules and try to determine on your own whether it's a violation of FINRA's rules. FINRA will do that for you. Even if Robinhood technically disclosed that they might do it, violating a customer's express orders without documenting appropriate reasons for doing so is generally a violation of FINRA's rules. Brokers have lost their licenses for shenanigans like that.
- ikeboy 6y agoThanks. I just went and submitted one.