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Robinhood trading restrictions were bad for customers, but it had no choice, says company

Robinhood trading restrictions for GME and other stocks were bad for customers, the company has admitted. However, CEO Vlad Tenev denied that the company had been pressured into this by hedge fund and business partner Citadel, saying that the company had been left with no choice.

Tenev said that the volume and value of trades meant that its deposit requirements rocketed …

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The post Robinhood trading restrictions were bad for customers, but it had no choice, says company appeared first on 9to5Mac.

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