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RH and all brokerages should be held accountable for the losses their clients sustained due to these trade restrictions. But, I don't RH deserves to be singled
by fairity 6y ago
RH and all brokerages should be held accountable for the losses their clients sustained due to these trade restrictions.
But, I don't RH deserves to be singled out & vilified when many other brokerages ran into the exact same problem as RH and solved it with the same trade restrictions.
Overall, I've been happy with the effect RH has had on retail investing. Primarily, other brokerages that used to charge me $5-8 commission per trade have now been forced to substantially lower their fees.
- kleer001 6y ago> all brokerages should be held accountable for the losses their clients sustained due to these trade restrictions. That's not how a market works in two distinct ways. 1 - buyer beware 2 - businesses cannot be not responsible for restrictions placed on them, see 1