In this episode, Dan & Ian expand on the recent market volatility, driven by wallstreetbets and institutional investors. This episode details the investing platform, Robinhood, and their recent woes. Robinhood was created to “democratize investing for all” by allowing the regular person access to the financial markets. Unfortunately, Robinhood walked-back this statement by restricting access to certain securities on 1/27/2021. Robinhood disabled the buy button relating to GME, AMC & NOK due to the large volatility resulting from the popular Reddit forum, wallstreetbets. There are claims that Robinhood was influenced by hedge funds and clearing houses to restrict retail investors from using their money how they see fit. Robinhood could be facing class action lawsuits and potential SEC violations. We will continue to follow this situation as new information develops.  

Disclaimer: This video is made for entertainment purposes only, do not use this as investing advice or our recommendations. Please enjoy the video and continue to follow along in the comments. 

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