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A comment on Robinhood is said to have filed confidentially for U.S. IPO. Parent comment

Re:Robinhood is said to have filed confidentially for U.S. IPO by afinlayson on Tuesday March 23, 2021 @07:49PM (#26561832)
It'll be a huge problem if they try that the first time they have a really bad quarter and stop their own trading. But I could see them trying if we have a "business favorable" FTC.
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Re:Robinhood is said to have filed confidentially for U.S. IPO by Apocryphon on Tuesday March 23, 2021 @07:52PM (#26561845)
Would it be breaching their fiduciary duty to shareholders if they facilitated sell-offs that decreased their own stock price :face_with_monocle:
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Re:Robinhood is said to have filed confidentially for U.S. IPO by jklein11 on Tuesday March 23, 2021 @07:59PM (#26561902)
It doesn’t seem to be an issue for Charles Schwab
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Re:Robinhood is said to have filed confidentially for U.S. IPO by tenpies on Tuesday March 23, 2021 @08:59PM (#26562282)
Fine, an unfortunate technical issue it is.

Oopsie!

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Re:Robinhood is said to have filed confidentially for U.S. IPO by cwhiz on Tuesday March 23, 2021 @08:01PM (#26561910)
No problem, just prevent selling.
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Re:Robinhood is said to have filed confidentially for U.S. IPO by SteveNuts on Tuesday March 23, 2021 @08:29PM (#26562092)
Do brokerages even have a fiduciary duty?
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Re:Robinhood is said to have filed confidentially for U.S. IPO by mattnewton on Tuesday March 23, 2021 @09:15PM (#26562402)
Public companies with shareholders do, right?
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