Re:Robinhood Traders Discovered a Glitch That Gave Them ‘Inf...
by rbavocadotree on Tuesday November 05, 2019 @02:37PM
(#21455843)
What you've described is a very quick way to lose your broker dealers license, and get in massive shit from multiple federal agencies, not a safe way to get rich.
> CLEARLY, Robinhood knows about the infinite leverage bug
This is the same company that offered FDIC insured savings and checking accounts, while not actually being covered by FDIC. They have always taken a move fast a break things approach, and then had to cover their asses when regulators step in.
> CLEARLY, Robinhood knows about the infinite leverage bug
This is the same company that offered FDIC insured savings and checking accounts, while not actually being covered by FDIC. They have always taken a move fast a break things approach, and then had to cover their asses when regulators step in.