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Robinhood Says No One Directed Them to Restrict Buying

Jan.29 — Vlad Tenev, co-founder and chief executive officer of Robinhood Markets, says the firm restricted buying of certain stocks to protect its financial position and its customers. He speaks to Emily Chang on “Bloomberg Daybreak: Asia.”

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Jan.29 — Vlad Tenev, co-founder and chief executive officer of Robinhood Markets, says the firm restricted buying of certain stocks to protect its financial position and its customers. He speaks to Emily Chang on “Bloomberg Daybreak: Asia.”

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25 Comments

25 Comments

  1. zer0edgy

    January 29, 2021 at 6:55 pm

    Can someone explain to me how they can legally do this? Is this written into their TOS?

  2. Tommy

    January 29, 2021 at 6:56 pm

    That’s BS. Let’s leave Robinhood and move to SoFi!

  3. lulu belle

    January 29, 2021 at 6:58 pm

    This man is a fraud he is a wolf in sheeps clothing

  4. Kido Wan

    January 29, 2021 at 6:58 pm

    last nights interview

  5. Donn Burge

    January 29, 2021 at 6:59 pm

    JAIL TIME

  6. lulu belle

    January 29, 2021 at 7:01 pm

    1:50 if you stand with your customers why in your terms does it say you can sue of the site in down and you loose money cuz you cant sell Anytning? You dont have customers you have products well walstreet is your customers actully and your users are the product

  7. lulu belle

    January 29, 2021 at 7:02 pm

    I hope this man ends up in prison for life cuz he is nothing but a thug

  8. Rigo

    January 29, 2021 at 7:04 pm

    Ass hat

  9. Kido Wan

    January 29, 2021 at 7:06 pm

    Bullshit Vlad. You were short and you lost big. Your clearing houses were short and they couldn’t cover daily’s. Melvin shorted 140% a company’s entire stock and got stuck in a squeeze, so his buddies gave him a few billion to cover calls for a few days.
    So…. You (and a couple other brokers) stopped the buyers and holders from their “normal”, investor 101 textbook tactic (technically speaking), marketing strategy move.
    These actions, IF implied communication between you, makes you ALL co-conspirators. WTF!
    To the public. BUY AND HOLD! You should be pissed off.

  10. Trace H

    January 29, 2021 at 7:09 pm

    It protects the firm and hedge funds. This man made a mistake and like a true gambler doubled down, now hes building a lengthy criminal resume of infringement and market manipulation. All before his company ever even gets to public. Sad. To CashApp i go

  11. Shano Sam

    January 29, 2021 at 7:09 pm

    Soon, the comments will be disabled and the likes hidden.

  12. hemdrup

    January 29, 2021 at 7:12 pm

    B.S alert

  13. Paul

    January 29, 2021 at 7:16 pm

    Your company will die in a fire of lawsuits. We won’t miss you.

  14. Irwin Hunter

    January 29, 2021 at 7:19 pm

    they should take away his the name Robinhood. Nothing Robinhood-a-like they are doing. Rather the contrarary…
    They should run this clip through an episode of Lie to Me and share it here on youtube.

  15. Austin W

    January 29, 2021 at 7:37 pm

    Great interview for Vlad and everyone on/at Robinhood. They should continue to try and get out front of all the misinformation and other bs asap. What Robinhood here is not only not illegal but also the right idea. They could have changed the margin requirements and jacked them up instead of stopping buying but it is of the same effect. It’s good they didn’t shut down the sell-side because then they would have done something questionable/possibly illegal. All else being equal they should continue spreading the truth about it all.

  16. ToSeeThe Sea

    January 29, 2021 at 7:54 pm

    Who are your customers? Not retail obviously.

  17. alex F1

    January 29, 2021 at 8:54 pm

    condom mandatory guys because that’s how I like you to have sex. It’s for your protection

  18. M G

    January 29, 2021 at 8:57 pm

    Pure slime. Pos . Find him

  19. Gerardo Buenrostro

    January 29, 2021 at 9:12 pm

    This is BS

  20. Jackie Goodman

    January 29, 2021 at 9:18 pm

    Somebody smack him

  21. Raul Tineo

    January 29, 2021 at 10:12 pm

    I see Robinhood just like gamestop stock price. Went up overnight, closed low Thursday and going up and down friday as people were leaving to another firm. At the end of all this, they plummet along with gamestop stock. Probably before gamestop.

  22. Tong T

    January 29, 2021 at 10:36 pm

    Very suspicious that RH halted buying the stocks but allowed users to sell. This benefited short sellers and hurt retail investors. It’s owning free market for the big suits????????‍♂️

  23. A. Ali

    January 29, 2021 at 11:21 pm

    Vlad let Indian brother talk man .. you are a drakula child man … i love robinhood …. you will goober it upp ……

  24. Dusty D

    January 30, 2021 at 12:12 am

    Subpoena executives’ emails and all communication during the GME situation, only way to know for sure.

  25. ғɪʀᴇ77

    January 30, 2021 at 1:03 am

    Even CNN wasn’t believing you lol

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