Who determines what is a regulated securities exchange in the United States - the Google dictionary or the Securities Exchange Act of 1934 and the US Securities Exchange Commission? Which carries the weight of law when it comes to enforcement, legal remedies, and tort litigation? Who holds themselves out to the public as a regulated securities exchange - Robinhood or NASDAQ?
Some words are 'terms of art.' In the context of the original discussion, the word 'exchange' has a specific meaning. The dictionary meaning is irrelevant with terms of art. Many statutes begin by defining the terms used within the text of the statute, regardless of what's in a dictionary. This discussion, as it relates to the word 'exchange' was speaking to the enforcement of any applicable rules, regulations, and/or laws. In this case, the enforcement bodies with jurisdiction over exchanges will define what qualifies as an exchange. So that definition would be controlling.
Damn - guess hes really done with the convo now, whether he chose to be or not. ETA: Crytpo, and their set-up =/= Wall St. dude.
Dude, we're not trying to abrogate what you think the definition of the word "exchange" means. We're trying to tell you that RH is not an exchange, in the sense that you originally posited. The exchange, for trading purposes, is the place where the stocks, futures or whatever change hands, as it were. RH, Charles Schwab, etc are the brokers who simply route your orders to that exchange so they can change hands. They are the middle-men. They are the catalyst for folks like you and I to be able to interact with the regulated exchange. If we had a seat on the exchange, we would not need the middle-man. We'd be interacting directly with the exchange. Nouns and verbs, man. Learn the difference.
rather than eating some humble pie and admitting you were wrong, you doubled down on stupid. Congrats, you played yourself
This might be a good place to explain the difference between an exchange (NASDAQ), a marketplace (AMZN), and a lost opportunity (the 10 or so years before the previous 10). I hate AMZN. :-(
Yeah the attempts will be futile don't you think considering that they don't have a phone number?? LOL I bet you this is an inside job. All these hacking will be able to hit such a massive number of customers so precisely successful even with 2-factor authentication has to be carried out by somebody who is familiar with the inside working of Robinhood knowing all the weakest links in its security system (if any) and its policies. This is ridiculous. Well, you get what you pay for.
My thoughts exactly. Maybe he's from Montreal in the USA. There are cities named Montreal in USA, you know that? I've seen them on Google maps.
And it's not just banks and financial companies. I agree it's all companies. Ebay, Paypal and Amazon have all shut down their phone lines all with the excuse of Covid 19. It's ridiculous.