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@BC what do you think about SHOP puts?
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Brokerage accounts have to be on the bdip auto-import. All positions are imported next day and you have to clear any restrictions within 24 hours. I guess intraday trading would not get imported but if you’re holding it at close it will report it. Robinhood did not support bdip last time I checked.
Same for options trading? What happens if u dont follow? I know some ppl at our firm using robinhood.. quite a lot.
You can't own any restricted stock or options at any point, and if you are part of the automated brokerage then it will alert you. However, Robinhood no longer has the ability to run through our securities site, so we must manually update our positions online. I haven't really kept up with it because it is a hassle, but I also don't trade a lot so my positions are more or less the same. And there have been a few times where I held restricted stock for a while before knowing it was restricted, but when I found out I sold. you run the risk of getting audited and potentially let go if you are completely rejecting independence policies