30 December 2020 - Article
Partner Ridge Barker was quoted in the article “Yellen convenes SEC, CFTC and Fed leaders on Robinhood question”, which was published by Cointelegraph. The article discusses the fallout from the recent social media-driven GameStop stock trading frenzy.
In the article, Ridge noted that Robinhood was in a bind as a broker, “I could see a world where we have tokenized securities and it doesn’t go through a gatekeeper like a broker” and adds that “Robinhood really didn’t have a choice except to limit trading. But if you weren’t going through a broker, if you were going trader to trader, you would avoid some of those systemic issues.”
Read full article here.