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A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by cmdli on Thursday January 28, 2021 @01:53PM (#25946970)
IANAL also, but I would imagine that they would need to represent themselves accurately to their investors at the very least. Perhaps they could be telling their investors something different privately?
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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by TuringNYC on Thursday January 28, 2021 @02:01PM (#25947129)
Yes, hedge funds send their LPs private "Investor Letters" with a lot more detail. Not sure who the public statement was meant for, but it might have been meant to discourage the public from taking opposing positions.

You wouldnt communicate to your LPs via CNBC or Twitter.

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