Скачать или смотреть Robinhood Stock Predictions - Bad News For Robinhood! Will This Take Down The Stock And Company

Robinhood Stock Predictions - Bad New For Robinhood! Will This Take Down The Stock And Company. The SEC could cripple Robinhood’s business model by enforcing existing rules, experts say. Online brokerage Robinhood has drawn bipartisan ire in Washington after it unexpectedly restricted purchases of share GameStop, Inc. and other hot stocks, and this attention could motivate regulators to curtail its most profitable line of business, experts tell MarketWatch.

While public outrage has centered around the conspiracy theory that Robinhood blocked purchases of GameStop GME, 0.25% and other stocks in order to help Citadel Securities — one of its largest sources of revenue and a sister company to the hedge fund Citadel — the known facts support Robinhood’s claim that its actions were taken in order to trim risk in the face of collateral requests from the clearinghouse that executes its trades.

Meanwhile, Citadel Securities said in a statement last week that “Citadel Securities has not instructed or otherwise caused any brokerage firm to stop, suspend, or limit trading or otherwise refuse to do business.”

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