Here’s what you need to know:VideotranscriptBackbars0:00/2:35-0:00transcriptRobinhood C.E.O. Faces Scrutiny From House LawmakersVlad Tenev, the chief executive of Robinhood, apologized for temporarily limiting trading of GameStop after Jan. 28, but said his company did nothing wrong at a House Financial Services Committee hearing on GameStop.“Jan. 28 proved to be a completely unprecedented event — the spike in trading activity and volatility meant that Robinhood securities, our clearing broker, had to hold the line and post additional firm capital as collateral to support our clearinghouse deposit demands. To put it in perspective, on Jan. 28, our daily deposit requirement …
