Texas AG Pax­ton Issues CIDs to Robin­hood and Oth­ers That Sus­pend­ed Stock Trades

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Attor­ney Gen­er­al Ken Pax­ton today issued 13 Civ­il Inves­tiga­tive Demands (CIDs) to Dis­cord, Robin­hood Finan­cial, Robin­hood Mar­kets, Robin­hood Secu­ri­ties, Inter­ac­tive Bro­kers, TD Amer­i­trade, TD Bank, E‑Trade, WeBull Finan­cial, Pub­lic Hold­ings, M1 Hold­ings, Citadel Finan­cial, and Apex Clear­ing Cor­po­ra­tion, regard­ing the pro­hi­bi­tion of cer­tain stock pur­chas­es, requir­ing high­er mar­gin reserves for trading …

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