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Everybody screaming "class action lawsuit" is lying to themselves. I'm pretty confident this is totally within Robinhood's rights according to their terms and c
by MuffinFlavored 6y ago
Everybody screaming "class action lawsuit" is lying to themselves. I'm pretty confident this is totally within Robinhood's rights according to their terms and conditions (that everybody with an account agreed to).
- zucker42 6y agoRobinhood isn't only limited by its terms and conditions; there are also laws it has to comply with.
- ypeterholmes 6y agoSo is closing the account and moving to a better app.. Robin Hood is going to take this on the chin.
- jandrese 6y agoEULAs can't override federal law. That said, even if the SEC does rule against Citadel I wouldn't expect the fine to be anything that bothers Citadel. The message time and time again is that the fees are way less painful than not cheating in the first place.