The message below says it all
Yeah I have to admit I thought T212 was a little complicit until I saw the IB Bloomberg video yesterday. T212 needs communicate better that it’s completely out of their control.
For most brokers it is out of their control, always someone further up/down the chain that is a weak line and won’t face the direct wrath of angry customers so doesn’t care.
Other than Robinhood of course who do a lot of stuff in house, it was entirely their decision to restrict stuff. T212 got messed up by IB, TastyWorks/WeBull got messed up by Apex clearing, Freetrade messed up by their FX provider… regulator needs to step in and sort out these firms that operate further down the chain
No wonder the DeFi folks are gaining traction. And the megaphone is getting bigger, wider and louder.