Robinhood DTCC Collateral Waiver Revealed in GameStop Short Squeeze Fallout
In January 2021, the Depository Trust & Clearing Corporation (DTCC) granted Robinhood an unprecedented $9.7 billion collateral waiver during the GameStop short squeeze. This extraordinary measure prevented Robinhood from defaulting on its regulatory obligations, revealing significant gaps in …
Robinhood Financial
DTCC
Dan Gallagher (Robinhood Chief Legal Officer)
U.S. House Committee on Financial Services
financial-regulation
robinhood
dtcc
gamestop-short-squeeze
regulatory-capture
Read more →