Robinhood denies ‘conspiracy’, prepares to lift GameStop trading restrictions
Robinhood denies ‘conspiracy’, prepares to lift GameStop trading restrictions Robinhood will relax GameStop trading limits imminently When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Vlad Tenev, chief executive of embattledstock trading platformRobinhood, has denied claims the decision to place limits on the trading of GameStop and other stocks was influenced by institutional investors. Asked by Elon Musk in an interview this morning whether large financial institutions, such as Citadel Securities, had conspired with regulators to squashthe coordinated short squeeze, Tenev was quick to dismiss the idea....