Tags : Robinhood

Market

What Actually Occurred When Robinhood Suspended GameStop Buying and selling

Robinhood’s customers blamed the brokerage for suspending the buying and selling of GameStop inventory and different securities final month, amid a shopping for frenzy kick-started by retail merchants on a Reddit discussion board.  However Robinhood could not have had a alternative.  Robinhood, in spite of everything, is only one participant in a public securities market […]Read More

Regulation

SEC to ‘carefully overview’ actions of Robinhood and merry Redditors

The U.S. Securities and Alternate Fee (SEC) has promised to overview the latest occasions surrounding the GameStop (GME) pump and the following restrictions on inventory buying and selling enforced by Robinhood change, the SEC’s appearing chair and commissioners acknowledged on Friday. “The Fee will carefully overview actions taken by regulated entities that will drawback buyers […]Read More

Market

Retail Merchants Sue Robinhood Over Meme Inventory Restrictions

Retail merchants in two U.S. states sued Robinhood Markets Thursday over its choice to forestall purchase orders on GameStop (GME) and different so-called “meme shares” swept up within the Reddit-fueled buying and selling frenzy. The separate fits slam Robinhood over a call that had speedy repercussions for impacted shares. GameStop, which had been hovering for […]Read More