No problem with people being anti-hedge funds or even anti Wall St. But this hysteria is spreading crazy amount of misinformation re: Robinhood. It’s not what everyone is portraying as RH turning off trading to“protect the big guys”. They are a brokerage and need certain capital
..requirements to stay within their SEC limits. Huge unexpected volumes = risk close to limits and they need more capital. Had to cut trading to not breach limits. They tapped credit lines (borrowed more cash from banks), then turned it back on. They didn’t “fold to the pressure”
... Like if an ice cream truck temporarily closes, it’s not because he is sick of customers buying the ice cream. The guy just ran out of cones and had to grab more supplies from the store before opening back up
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