Exactly. Thanks, Rep. @tedlieu But it was both Robinhood and other brokerages using clearinghouse Apex Holdings. I don't use Robinhood, but had no acct access for hours, and many shorted stocks were unavailable for trade. Was told Apex blocked us.
Is there anything wrong with folks buying a stock like GameStop because they want to stick it to hedge funds? No.
Is there anything wrong with Robinhood stopping people from buying $GME or allegedly doing force sells? Likely. @SEC_Enforcement should investigate @RobinhoodApp.
@AOC@FSCDems It isn't just Robinhood blocking access and refusing to allow investors to trade stocks to which professional traders had unfettered access. It is https://t.co/evWxl3BEgU , TDAmeritrade, Fidelity, and many others. I was blocked from logging into my acct. for hours.
Both @AOC and @tedcruz agree... As a fmr US House Fin Svcs staff investigator, and the widow of a fmr member of the FSC, I support a series of investigations into the freezing of assets/denial of access of the 99% to "open" markets that only insiders are now allowed to trade in.
This is unacceptable.
We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.
As a member of the Financial Services Cmte, I’d support a hearing if necessary.
This is beyond absurd. @FSCDems need to have a hearing on Robinhood's market manipulation. They're blocking the ability to trade to protect Wall St. hedge funds, stealing millions of dollars from their users to protect people who've used the stock market as a casino for decades.
Ally and other brokerages locked individual investors out of their personal accounts, holding their money hostage. This can't be legal. I don't trade on margin, or have millions of $$ in the market. I don't have massive positions in heavily shorted stocks. I'm locked out. @CNBC
Individual investors are being stripped of their ability to trade on @RobinhoodApp
Meanwhile hedge funds and institutional investors can continue to trade as normal.
What do you call a market that removes retail investors ability to buy to save institutional investors shorts?
Since Thursday, my @Xfinity wifi is constantly frozen. I lose 42 minutes of streaming every hour. Meanwhile, my @googlefiber at my other property is awesome. I've restarted, signed out and back in on devices, moved my modem. Nothing helps. Is it just me?
I think this is really interesting.
This chart shows the 7-day rolling average of new cases in Salt Lake County (red) and rest of the state (gray). The mask mandate went into effect June 25. #utpol
Remember that COVID won’t take July 4th weekend off.
Wear a mask. Stay six feet apart. Wash hands with soap often.
Big July 4 parties — especially indoor ones — are a bad idea. A really bad idea.
#UtahRapists is trending on Twitter and Insta. For those of you who don't believe Utah has an out-sized #ChildRape problem...I could add about 600 names to that list. I'm gonna let victims have the cathartic experience of adding their rapists names. Then I might #FillInTheBlanks.
Omg... I just realized I recorded that entire earthquake... My camera was sitting on a table as I was getting ready to do a Facetime interview.
My significant other was taking a nap in the other room at the time (don't make fun of my freaked-out calls for him, LOL).