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Big if true (have to take everything with a grain of salt nowadays). Can anyone with more knowledge than me comment on what Robinhood's exposure is in all this
by alex_c 6y ago
Big if true (have to take everything with a grain of salt nowadays).
Can anyone with more knowledge than me comment on what Robinhood's exposure is in all this? My understanding is they do not have any direct financial exposure, only reputational risk (and of course downsides from their users potentially losing a lot of money, but that should be part of the game). Is that correct?
And does blocking specific trades today open them up to future liability?
- zepearl 6y agoMaybe they have indirect exposure derived from loans granted to users that are holding those stocks? Just trying to guess. Edit - related comment (about "margin requirements"): https://news.ycombinator.com/item?id=25942150 https://news.ycombinator.com/item?id=25942150