Robinhood is going to try to use the consent the obtained in paragraph 31 of their TOS: ".... whenever it is necessary for Robinhood's protection or ... " 31. C...
Share this post:
Export:
Robinhood is going to try to use the consent the obtained in paragraph 31 of their TOS:
".... whenever it is necessary for Robinhood's protection or ... "
31. Consent to Redeem Shares.
I understand and agree that whenever it is necessary for Robinhood's protection or to satisfy a margin call, deficiency, debit or other obligation owed to Robinhood, Robinhood may (but is not required to) sell, assign and deliver all or any part of the securities in My Account, or close any or all transactions in My Account. I understand that Robinhood may, but is not obligated to, attempt to contact Me before taking any such action. I understand and agree that Robinhood reserves the right to take any such action without prior notice or demand for additional collateral, and free of any right of redemption, and that any prior demand, call or notice will not be considered a waiver of our right to sell or buy without demand, call or notice.
https://cdn.robinhood.com/assets/robinhood/legal/Customer%20Agreement.pdf
Originally posted on Facebook on January 28, 2021.
Get notified when I publish new blog posts about game development, AI, entrepreneurship, and technology. No spam, unsubscribe anytime.
Loading comments...
Published: January 29, 2021 1:17 AM
Last updated: March 6, 2026 10:23 PM
Post ID: 71948d21-6510-4d79-ad4e-edea484632d9