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A comment on Statement of SEC Regarding Recent Market Volatility. Parent comment

Re:Statement of SEC Regarding Recent Market Volatility by avs733 on Friday January 29, 2021 @10:07AM (#25957948)
And their investors...this could (not will, could) end up being a fairly easy case for piercing Robinhood's corporate veil.

Good on the SEC for stating they stand with retail investors, even if it ends up being hollow it sure is nice to hear them say it.

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Re:Statement of SEC Regarding Recent Market Volatility by elliekelly on Friday January 29, 2021 @11:24AM (#25958992)
Absolutely not. On what theory? And on what grounds? There's no such thing as "a fairly easy case for piercing the corporate veil".
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Re:Statement of SEC Regarding Recent Market Volatility by avs733 on Friday January 29, 2021 @01:12PM (#25960402)
Lack of separation? If it turns out they did take any direction on this from anyone holding a short position in GME I would imagine RH is fully and completely screwed, as are their investors.

this is all hypothetical, which is why I used the word if. If they did what WSB is accussing them of, which I think is probably doubtful, RH is in really really big trouble...

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