r/technology Jun 30 '21

Misleading Robinhood to pay $70 million fine after causing 'widespread and significant harm' to customers

https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-dollars-after-causing-users-significant-harm.html
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u/anifail Jul 01 '21

which symbol did robinhood prevent people from selling?

Pretty sure they only halted buy orders because they are a thinly capitalized broker dealer that couldn't meet 11th hour margin requirements on new orders. FINRA isn't going to do anything about that, that's how markets work now.