My biggest question after watching #FramingBritneySpears is how does a 39-year-old woman with the emotional/mental capacity to perform, tour and bring in millions of dollars in revenue annually need a conservator? #FreeBritney
Robinhood CEO Vlad Tenev defends the company's decision to limit trading on some symbols following the GameStop stock chaos, saying they must "prudently manage the risk and the deposit requirements."
UPDATE: As GameStop's stock situation unfolds, a class action lawsuit is building against Robinhood with Ted Cruz and AOC in agreement over the matter. https://t.co/385tQnjquD
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.
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.
@tedcruz Wow finally both parties agree with what @SenSanders has been telling us all the time. All it took was 4 million organized Main Street traders to prove the 1% will manipulate the “free market” to their advantage no matter how blatantly corrupt it is
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.
California Rep. Khanna on $GME: "While retail trading in some cases, like on Robinhood, blocked the purchasing of GameStop, hedge funds were still allowed to trade the stock. We need more regulation and equality in the markets." @YahooFinance
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?
Today is a reminder, a painful one, that democracy is fragile. To preserve it requires people of good will, leaders with the courage to stand up, who are devoted not to pursuit of power and personal interest at any cost, but to the common good.
Republicans in congress cowering under their desks as violent men roam the hallways finally understand what they've put every school kid in America through.