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This is still commodity trading. There are rules and they apply. There are being investigated. I think you have a bit of an overestimation how swiftly Robinhood
by eftychis 4y ago
This is still commodity trading. There are rules and they apply. There are being investigated. I think you have a bit of an overestimation how swiftly Robinhood would be hit with anything. Recall it wasn't long ago when Robinhood received the ire of people, because they screwed their risk management (and by screwed I mean they didn't have any) and were unable to continue trading certain volatility securities. And thus, stopped the ability to buy said securities.
What was the punishment it received? A day in front of the Congress shifting blame? I would be a bit more cynic when dealing with these topics.