Bloomberg Technology
Robinhood’s Trading Restrictions Not Illegal: Fmr. SEC Counsel
Jan.29 — Tom Gorman, partner at Dorsey & Whitney LLP and former senior counsel at the U.S. Securities and Exchange Commission, discusses the fluctuations in the stock market, the GameStop Corp. frenzy and the initial decision by Robinhood Markets Inc. to limit trading.
Jordan B
January 30, 2021 at 12:07 am
Damn right!
ANTIFA IS ABSOLUTE IN THIS ONE
January 30, 2021 at 12:09 am
YOU CAN PAY A LIAR TO SAY ANYTHING 🤔
CLASS #ACTION LAWSUIT
ANTIFA IS ABSOLUTE IN THIS ONE
January 30, 2021 at 12:10 am
#WE CANNOT BE STOPPED 😺
ANTIFA IS ABSOLUTE IN THIS ONE
January 30, 2021 at 12:12 am
WHEN THE PEOPLE SEE HOW THESE CRIMINALS OPERATE 🤔
PsiliPharm2012
January 30, 2021 at 12:14 am
Fuck Robinhood, it should be illegal … especially the restrictions on stocks that were not pumped but was limited just in case. This is clear market manipulation, I could not buy those stocks on RH but every other broker allowed trades on them, only RH limited them. It would be fair if all of them did, but that wasn’t the case. The rich could still get their orders in, but the “dumb money” gets screwed. Fuck RH and Fuck the SEC, clearly they are bought and paid for.
Cautious X0
January 30, 2021 at 12:15 am
Lmao. Yeah right. Enjoy the lawsuit Robinhood
BENDJI MAIGNAN
January 30, 2021 at 12:22 am
fu *
Matthew M
January 30, 2021 at 12:23 am
Then we’re going to change the laws, change is coming
Twitch Highlights
January 30, 2021 at 12:36 am
this guy def getting paid to benefit the hedge funds
Drakon Daedalus
January 30, 2021 at 12:39 am
They think they are bad guys? THEY ARE THE BAD GUYS
they dynamically adjust the limit so that AMC never goes over a specific value, because it is also pretty badly shorted.
If the FCC looks what the short are doing 6:18 then why can a stock be shorted 140%?
ReijiMoritsugu
January 30, 2021 at 12:53 am
Report this video under spam and misleading
J C
January 30, 2021 at 12:57 am
You pick the wrong side
x Midge
January 30, 2021 at 1:17 am
FREE MARKET? UHHHHH NOT A FREE MARKET WHEN U CAN SELL HUT NOT BUY…. F THIS GUY
x Midge
January 30, 2021 at 1:23 am
STOP TALKING ABF ROBINHOOD, TD AMERITRADE, WEBULL, FIDELITY AND MANY OTHER BROKERS STOPPED TRADING. ROBINHOOD IS THE SCAPEGOAT. ITS NOT JUST ROBINHOOD…LOOOK T WHO HANDLES ALL THESE PPL BROEKRAGE TRADES FOR
Stefan laluna
January 30, 2021 at 11:22 am
gen-z having to know and follow rules thats new
Dan Smith
January 30, 2021 at 12:40 pm
So ‘Free Trade Capitalism’ isn’t actually free then? OK.
Hardest Working Man In Tech
January 30, 2021 at 12:41 pm
“You can bet what the SEC is doing is they are looking at the shorts” WE WOULDNT BE IN THIS PLACE IF THEY WERE!
No Face
January 30, 2021 at 1:15 pm
Why not halt selling?
Your Nightmare
January 30, 2021 at 1:33 pm
#dogecoin #AMC #NOK #GME
Jalee Outlaw
January 30, 2021 at 2:11 pm
Wow these guys are 🤢
Youtube banned me
January 30, 2021 at 3:24 pm
Robinhood is dead
Austin W
January 30, 2021 at 3:46 pm
Of course it’s not illegal nor should it be
marquezk60
January 30, 2021 at 3:57 pm
It’s not illegal to allow hedge funds to short ladder the stock while we are sidelined? Okay buddy we will see what the courts have to say about that.
Ian Fitzp
January 30, 2021 at 3:55 pm
You can always tell by the age of the speaker whether they are lying, if they are old enough to have made money off the little guy, they do not side with the young or the little guy
marquezk60
January 30, 2021 at 3:56 pm
Probably a reason why he is a former counsel member. He has no authority now and is probably paid millions to say some dumb shit. Courts decide not you buddy. How can it not be illegal to stop our trading meanwhile the hedge fund ducks sit there and short ladder the fuck outta the stock while we are sidelined.
Increasethefitness
January 30, 2021 at 4:33 pm
If this is how it is then people will use other platforms. Either way Robinhood is going down
brett
January 30, 2021 at 5:52 pm
Unreal how far this guy is trying to spin this
Marc E Marc
January 30, 2021 at 6:22 pm
It’s totally illegal…
Adrian Bueno
January 30, 2021 at 8:18 pm
this is H O T G A R B A G E ! ! ! ! ! ! !
J C
January 30, 2021 at 8:52 pm
SoFi is my new platform. Goodbye Robinhood.
Hoodpatrol Strains
January 30, 2021 at 9:38 pm
Ya couldnt buy in at 199 a share
skyak
January 30, 2021 at 9:44 pm
It is not true that nobody ever fights the shortseller, they almost ALWAYS fight back. Sometimes the stock price goes so low either management or a white knight make a tender offer. This is a rare case where the company will be able to sell shares at a high price to bail itself out.
Jason Spittles
January 30, 2021 at 10:36 pm
This guy is an idiot and discredited himself in the first few minutes.
#1 – Robinhood knows how many shares their clients own. That’s not secret. It used to be tracked through robintrack. However, they’re obviously not the only broker. I had 2000 shares at one point and I’m not with Robinhood.
#2 – if it was huge institutional money, they need to disclose any ownership over 5% via a 13g form.
RAndomlyEntertained
January 30, 2021 at 10:40 pm
Someone gives that man a tissue…
Andrew Vandenwall Arnemann
January 30, 2021 at 11:30 pm
Robin hood is owned by citadel
Sterlingarcher22
January 30, 2021 at 11:43 pm
Vlad Tenev = Jail
Sterlingarcher22
January 30, 2021 at 11:45 pm
Why do the billionaires control what stocks and companies make it and what ones don’t. They set the market. That’s why the market doesn’t reflect our economy. It’s all a big game they have locked down where they shovel money into bank accounts and when we figure it out they flip out.
Rix Gaming
January 31, 2021 at 12:09 am
which closet did that skeleton come out from? None of thse clowns understands how bitcoin made this possible. His 17-year old might wield 10k$ or 20k$ not 100 or 200
Five Cent
January 31, 2021 at 1:05 am
Short selling should not be allow. How would you allow someone to sell something they don’t own.
Elemental
January 31, 2021 at 9:00 am
Robbinghood Markets Inc. steals from the poor gives to the rich. These wallstreet billionare scumbags are getting what they deserve.
ericmass11
January 31, 2021 at 12:28 pm
Robinhood robbing the hood
Alexander Kovarik
January 31, 2021 at 7:06 pm
“Free” market economy.
rockerteen8300
January 31, 2021 at 7:06 pm
This squeeze is not done by another hedge fund, if another hedge fund did this they would be putting themselves out of business through regulation rules that will spring up as a result, this guy is obviously lying.
Howard Kliner
January 31, 2021 at 9:33 pm
F*** stocks. Move to crypto and let’s see what happens when things are truly fair.
Rett Butler
February 1, 2021 at 1:01 am
ok boomer
Koder
February 1, 2021 at 9:58 pm
Big wigs afraid of the little people getting rich.
Alpha Jay 3.0
February 2, 2021 at 12:20 am
I’m sure the court’s could decide that with the Lawsuits coming Robinhood’s way.