This clause was the center of massive controversy in January 2021 when Robinhood restricted trading in GameStop (GME) and other meme stocks, causing customers to suffer significant losses when they could not sell their positions.
This agreement materially affects consumers by granting Robinhood broad authority to liquidate account holdings without prior notice in margin situations, requiring binding arbitration for all disputes while waiving the right to participate in class action lawsuits, and disclosing that Robinhood receives payment for order flow which may create conflicts with best execution obligations. Consumers who open margin accounts should understand that all securities in the account serve as collateral and can be sold at Robinhood's discretion. You can opt out of the arbitration clause by sending written notice to Robinhood within 30 days of opening your account.
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You hereby assign to the applicable Redfin Company all of your right, title, and interest in and to the Feedback. To the extent applicable law does not permit assignment of the Feedback, you hereby grant the Redfin Companies a perpetual, irrevocable, worldwide, exclusive, transferable, sublicensable...
We may assign or transfer our agreement with you including our associated rights and obligations at any time and you agree to cooperate with us in connection with such an assignment or transfer.
Additionally, there may be times when we need to remove or change features or functionality of the Service or stop providing a Service or access to Third-Party Apps and Services altogether. Except to the extent required by applicable law, we have no obligation to provide a re-download or replacement...
This clause could change without notice.
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Watch RobinhoodThis clause was the center of massive controversy in January 2021 when Robinhood restricted trading in GameStop (GME) and other meme stocks, causing customers to suffer significant losses when they could not sell their positions.
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