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Robinhood Couldn’t Have Met $3B Clearinghouse Requirement: CEO

politics by politics
February 20, 2021
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Feb.18 — Chief Executive Officer Vlad Tenev says Robinhood Markets wouldn’t have been in a position to meet the $3 billion deposit name that Depository Trust & Clearing Corp. made in opposition to Robinhood on Jan. 28. He speaks with Representative Anthony Gonzalez, an Ohio Republican, at a House Financial Services Committee listening to on Thursday.

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