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So you're arguing that, instead of just disabling buying, they should have disabled buying and selling? That would expose them to far more substantial and direc
by ericpauley 6y ago
So you're arguing that, instead of just disabling buying, they should have disabled buying and selling? That would expose them to far more substantial and direct liability than disabling new positions.
- fny 6y agoThese securities should have been frozen so people could capitalize enough to supply the liquidity that was demanded instead of just letting institutions buy whatever they needed to cover their positions while forcing liquidations across the board.
- ericpauley 6y agoPerhaps, but that’s not Robinhood’s call. Under the (likely) assumption that RH had liquidity issues, it’s hard to see what other choice they had.