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You're only looking at longs. If a broker blocks buying and the price goes down, there are real benefits to the holders of the shorts. Hence the concerns of m
by CivBase 6y ago
You're only looking at longs.
If a broker blocks buying and the price goes down, there are real benefits to the holders of the shorts.
Hence the concerns of market manipulation.
- JumpCrisscross 6y ago> If a broker blocks buying and the price goes down, there are real benefits to the holders of the shorts Which is not an actual harm to a Robinhood user. Avoiding liability means avoiding actual harm.
- CivBase 6y agoWhy is it okay for a broker to facilitate market manipulation as long as it doesn't harm their customers? If they're benefiting someone (in this case, the short sellers), then they must also be harming someone (in this case, the short lenders).