Robinhood Markets

AG Paxton Issues CIDs to Robinhood, Discord, Citadel, and Others That Suspended Stock Trading and Investing

Ken Paxton

Attorney General Ken Paxton today issued 13 Civil Investigative Demands (CIDs) to Discord, Robinhood Financial, Robinhood Markets, Robinhood Securities, Interactive Brokers, TD Ameritrade, TD Bank, E-Trade, WeBull Financial, Public Holdings, M1 Holdings, Citadel Financial, and Apex Clearing Corporation, regarding the prohibition of certain stock purchases, requiring higher margin reserves for trading certain companies, and suspending chat platform activity. In addition to public statements and internal documents, the CIDs request copies of all terms of service, […]