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How the Supreme Court Protects Robinhood Decades of bad Court rulings have enabled corporations to use forced arbitration clauses to protect themselves. But Congress could easily fix this. Last week, the stock market had its worst week since October, but if you had GameStop stock, you were feeling pretty good. It grew 400 percent, fueled by the Reddit page r/WallStreetBets, where members bought stocks of companies that appeared on the way down, inflating their prices and putting the hedge fund managers who had shorted the stock in a bad position. Robinhood stopped the trading on some of these stocks last week while it raised enough capital to cover certain clearing requirements associated with the trades. But users saw the move as an effort to curb the gains made in stocks like GameStop and AMC, allowing hedge funds a way out of their positions. There were even allegations that Robinhood was

United statesBrian highsmithElizabeth warrenDeepak guptaAmerican expressFinancial industry regulatory authorityConsumer financial protection bureauSupreme courtExchange commissionNational labor relationsEpic systems corpFederal arbitration actNinth circuitNational labor relations actDemocratic controlled congressEpic systems