Re:Robinhood sued by family of 20-year old trader who commit...
by nomel on Tuesday February 09, 2021 @01:27PM
(#26080899)
Maybe the terminology is too foreign to me, but
> ... shall recommend to any customer any transaction ...
> ... that the recommended transaction is not suitable
Was Robinhood recommending transactions, or just enabling transactions? Even if not, this seems very open ended with no specifics, since “reasonable” is up for interpretation. I suppose we’ll see, probably sooner rather than later. I assume some actual specifics will result from all of this though.
> ... shall recommend to any customer any transaction ...
> ... that the recommended transaction is not suitable
Was Robinhood recommending transactions, or just enabling transactions? Even if not, this seems very open ended with no specifics, since “reasonable” is up for interpretation. I suppose we’ll see, probably sooner rather than later. I assume some actual specifics will result from all of this though.