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Can someone clarify whether RH blocks margin purchases (in other words, just refuses to lend people money to purchase those stocks), or blocks outright cash pur
by FabHK 6y ago
Can someone clarify whether RH blocks margin purchases (in other words, just refuses to lend people money to purchase those stocks), or blocks outright cash purchases?
The former would be entirely understandable and justifiable, the latter not so much.
- FabHK 6y agoLol, seems to be a general restriction on buying. Wow. https://blog.robinhood.com/news/2021/1/28/keeping-customers-informed-through-market-volatility https://blog.robinhood.com/news/2021/1/28/keeping-customers-...