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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (16550)1/28/2021 5:45:28 PM
From: ajtj99  Read Replies (1) of 97457
 
Here's the Hoodie Liquidation Clause:

4.Liquidation. In the event of the death of the Customer, or in the event the margin in any account in which the Customer has an interest shall in either Robinhood’s or the Introducing Broker’s,or be deemed insufficient by either Robinhood or the Introducing Broker,Robinhood is hereby authorized;(a)to sell any or all securities or other property which Robinhood may hold for the Customer (either individually or jointly with others);(b)to buy any or all securities and other property which may be short in such accounts; and/or(c) to cancel any open orders and to close any or all outstanding contracts;all without demand for margin or additional margin,notice of sale or purchase,or other notice or advertisement,and that any prior demand or notice shall not be a waiver of its rights provided herein. Robinhood may likewise accept and rely upon instructions which Robinhood receive from the Introducing broker to effect any of the aforementioned transactions(as noted in(a),(b),and(c)).Robinhood shall have the discretion to determine which securities and other property are to be sold and which contracts are to be closed. Any such sales or purchases may be made at its discretion on any exchange, the over-the-counter market or any other market where such business is usually transacted, or at public auction or private sale, and Robinhoodmay be the purchaser for its own account.
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