Re:Robinhood is said to draw on bank credit lines amid tumult
by Denvercoder9 on Thursday January 28, 2021 @07:28PM
(#25951766)
Accredited investors still use brokers to trade on the stock market. Even for them stock ownership isn't transferred magically.
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Re:Robinhood is said to draw on bank credit lines amid tumult
by JumpCrisscross on Thursday January 28, 2021 @07:34PM
(#25951844)
The term "accredited investor" is only meaningful within the scope of unlisted securities. Stocks traded on exchanges are listed securities. "Accredited investors" have nothing to do with public stock exchanges.