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A comment on Class Action Lawsuit Filed Against Robinhood. Parent comment

Re:Class Action Lawsuit Filed Against Robinhood by FireBeyond on Thursday January 28, 2021 @05:29PM (#25950364)
> if Citadel is the prime broker for all of these shorts _significant_ exposure on that end, as well as the exposure that Citadel hedge fund has on the short position through Melvin.

Isn't this meant to be the reason for the "Chinese Wall"? In theory, Citadel as a brokerage is meant to have no insight into the operations or needs or desires of Citadel Hedge Fund. The technically correct answer here seems to be "not my problem", however... not so much.

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Re:Class Action Lawsuit Filed Against Robinhood by u10 on Thursday January 28, 2021 @05:31PM (#25950403)
In theory... in practice? So much illegal shit goes down in finance all of the time. rarely if ever it gets caught.

And when they have literal billions on the line a slap on the wrist fine is preferable.

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