No company likes to say "our clearinghouse doesn't trust us to settle our accounts". It makes them look unstable... as they probably are. I bet you, RH has been handing out margin the same way mortgage sellers handed out loans in 2007.
If they're not willing to be honest with their customers, I'm not willing to sympathize with them when their lies result in conspiracy theories. They made their bed.
What they did was still blatant market manipulation, even if the conspiracy theories are all wrong and it was unintentional. That alone warrants a serious investigation and probably the introduction of some new market regulations.
Sure, but people should probably know the truth about it being incompetence or a conspiracy to save GME shorts before they decide to plow even more money into the trade.
"Redditors in the irony-poisoned Wall Street Bets (r/wallstreetbets) community discovered an exploit in the investing app Robinhood they’ve named “infinite leverage” that enables them to lose huge sums of money at record speeds."
