Robinhood

Robinhood DTCC Collateral Waiver Revealed in GameStop Short Squeeze Fallout

| Importance: 9/10

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
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