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Learning & News => News related to Crypto => Topic started by: newshunter on January 31, 2021, 01:00:38 PM

Title: SEC is looking into Robinhood's handling of GameStop trading
Post by: newshunter on January 31, 2021, 01:00:38 PM

SEC is looking into Robinhood's handling of GameStop trading

Fearing that recent delistings and volatility "undermine market confidence," the U.S. securities regulator says it is looking into the Robinhood fiasco.

Source: SEC is looking into Robinhood's handling of GameStop trading (https://cointelegraph.com/news/sec-is-looking-into-robinhood-s-handling-of-gamestop-trading)

Would appreciate your opinion about this

Title: Re: SEC is looking into Robinhood's handling of GameStop trading
Post by: TomPluz on February 01, 2021, 03:08:18 AM

SEC should really be digging deeper into what happened with Robinhood so that the same can be avoided by many parties in the future. The people behind Robinhood must explain in simple terms why they decided to intervene in the market and whether what they did was protecting really the interests of the many or the people who are connected to them. Anyway, I already read somewhere of the possible explanation by Robinhood and it is all up to SEC to thresh things out. The main lesson here is that centralized platforms will really do what a centralized infrastructure can. Another reason why decentralization can be so important for all of us who are just small players in the world of investing.