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It'll be a huge problem if they try that the first time they have a really bad quarter and stop their own trading. But I could see them trying if we have a "bus
by afinlayson 6y ago
It'll be a huge problem if they try that the first time they have a really bad quarter and stop their own trading. But I could see them trying if we have a "business favorable" FTC.
- Apocryphon 6y agoWould it be breaching their fiduciary duty to shareholders if they facilitated sell-offs that decreased their own stock price :face_with_monocle:
- jklein11 6y agoIt doesn’t seem to be an issue for Charles Schwab
- cwhiz 6y agoNo problem, just prevent selling.
- SteveNuts 6y agoDo brokerages even have a fiduciary duty?
- mattnewton 6y agoPublic companies with shareholders do, right?
- tenpies 6y agoFine, an unfortunate technical issue it is. Oopsie!