Hearing the SEC is going to investigate what happened with GameStop and Robinhood is sort of like hearing Kevin McCarthy is going to have a talk with Marjorie Taylor Greene. Everything’s fine now. All good.
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In reality though, Robinhood followed the law. Dodd Frank forced Robinhood to stop allowing trading on their platform.
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Replying to @BP_Heat20
Why?

Feb 1, 2021 · 4:47 AM UTC

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Replying to @marwilliamson
Read the clearinghouse provision under Dodd-Frank. The rise of GameStop almost through clearing houses into default.
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Replying to @marwilliamson
Here’s a good explanation and follow on the situation.
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