Just saw a tweet with Robinhood closing a 4500 share position on someone at $118 to "protect them from volatility". That has to be against FINRA/SEC rules, right? This after preventing people from buying GME and AMC? Apex and Citadel pulling the strings?What is going on?
If it was not due to a margin call, god save Robinhood.
Possibly if owner bought on margin?
Owner said it was a cash account but I guess no way to verify.