> It is not about margin accounts > Brokers cannot use client money to satisfy their clearing fund obligation. Let's assume there's no margin, and everyone fr

> It is not about margin accounts > Brokers cannot use client money to satisfy their clearing fund obligation. Let's assume there's no margin, and everyone fronts cash for their trades. There's no reason that Robinhood or other broker would not use client money for clearing... that's the point of a broker.