Robinhood is said to draw on bank credit lines amid tumult

Re:Robinhood is said to draw on bank credit lines amid tumult by bilbo0s on Thursday January 28, 2021 @08:47PM (#25952554)

Pretty sure right now you will be looking at more than a slap on the wrist. DOJ and SEC will be looking to take their pound of flesh from anyone who did anything outside the letter of the law on this thing. Not good to be the sacrificial lamb they hold up to show the public they prosecute Wall Street scammers.

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Re:Robinhood is said to draw on bank credit lines amid tumult by bigmattystyles on Thursday January 28, 2021 @08:56PM (#25952624)

I think you’re right, but unless you have insider knowledge that would move the stock, is trading in blackout a legal or corporate violation?

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Re:Robinhood is said to draw on bank credit lines amid tumult by rblatz on Thursday January 28, 2021 @09:05PM (#25952700)

I believe it’s a corporate violation. Since different companies have different blackout policies.

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