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I wonder if the class action will broaden against all the brokers who took this same action instead of just Robinhood (~~I read others mention Interactive Broke
by tareqak 6y ago
I wonder if the class action will broaden against all the brokers who took this same action instead of just Robinhood (~~I read others mention Interactive Brokers, TD Ameritrade, Charles Schwabb, Trade212 (thank you 'Avalaxy), and others, but I have no sources to point to myself~~ 'johnbrodie said that TDA and other blocked buying on margin). In that scenario, the plaintiffs and defendants could definitely simply interpreted by normal people to be something like “People of the United States vs. Wall Street”. Both mainstream and alternative/niche media would have a field day over this story.
Is it really worth billions of dollars to further destroy the wavering belief that Americans still have about the American dream? How can you have any semblance of unity without evidence and/or faith that the powers that be in business and government will allow the ordinary person to have a realistic path towards tangible and meaningful prosperity?
- johnbrodie 6y agoPosted this in another thread, but TDA and other blocked buying on margin, not buying with your own money. Completely different IMO. Source: Their own statements and buying GME this morning on TDA without issue.
- tareqak 6y agoThank you 'johnbrodie. I updated my message.
- Avalaxy 6y agoTrading212 also halted buying GME/AMC.
- tareqak 6y agoThank you 'Avalaxy.