{"id":77111,"date":"2021-02-03T03:13:20","date_gmt":"2021-02-03T08:13:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77111"},"modified":"2021-02-03T03:04:55","modified_gmt":"2021-02-03T08:04:55","slug":"sen-elizabeth-warren-asks-robinhood-to-explain-why-it-restricted-gamestop-trades-after-hedge-funds-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2021\/sen-elizabeth-warren-asks-robinhood-to-explain-why-it-restricted-gamestop-trades-after-hedge-funds-losses.html","title":{"rendered":"Sen. Elizabeth Warren asks Robinhood to explain why it restricted GameStop trades after hedge funds\u2019 losses"},"content":{"rendered":"\n<p>(CNBC) Sen. Elizabeth Warren on Tuesday asked Robinhood in a letter to explain why it restricted trading in red-hot shares o<a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=GME\">f GameStop<\/a> after <a href=\"https:\/\/www.cnbc.com\/2021\/01\/30\/gamestop-reddit-and-robinhood-a-full-recap-of-the-historic-retail-trading-mania-on-wall-street.html\">hedge funds suffered huge losses in a short squeeze.<\/a><\/p>\n\n\n\n<p>Warren, D-Mass., noted that the <a rel=\"noreferrer noopener\" href=\"https:\/\/robinhood.com\/us\/en\/support\/articles\/changes-due-to-recent-market-volatility\/\" target=\"_blank\">online brokerage last week abruptly changed trading rules for individual investors<\/a> in certain stocks on its no-fee platform, while hedge funds and Wall Street institutional investors were allowed to keep trading in GameStop, <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=KOSS\">Koss<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=AMC\">AMC Entertainment<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=EXPR\">Express,<\/a> <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=NAKD\">Naked Brand Group<\/a> and other companies.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/02\/02\/elizabeth-warren-asks-robinhood-to-explain-gamestop-trade-restrictions.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Sen. Elizabeth Warren on Tuesday asked Robinhood in a letter to explain why it restricted trading in red-hot shares of GameStop after hedge funds suffered huge losses in a short squeeze. Warren, D-Mass., noted that the online brokerage last [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77111","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77111"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77111\/revisions"}],"predecessor-version":[{"id":77112,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77111\/revisions\/77112"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}