Re:Robinhood is said to draw on bank credit lines amid tumult
by adrr on Thursday January 28, 2021 @07:39PM
(#25951907)
Sec would crack down if you didn’t let me people close their positions and RH would be on the hook for any losses incurred. I assume you can still buy GME on RH if you wrote a call option or shorted the stock. You’ll also still able to execute your call option to get shares.
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Re:Robinhood is said to draw on bank credit lines amid tumult
by cdash on Friday January 29, 2021 @12:32AM
(#25954374)
If Robinhood couldn't meet their collateral obligations then they should have just gone into default/bankruptcy. They absolutely should not be allowed to make market manipulation decisions that bail themselves out.