On November 17, 2025, Genius Group sent Demand Notices to four brokerage firms, Charles Schwab & Co., Inc. (“Schwab”), Fidelity Global Brokerage Group, Inc. (“Fidelity”), The Vanguard Group, Inc. (“Vanguard”) and Robinhood Markets, Inc. (“Robinhood”), (collectively “The Parties”) on November 17, 2025 to reinstate buy button functionality for investors to buy the Company’s shares online as easily as they can sell shares.
The Company has taken this action following complaints from hundreds of the Company’s investors that the named brokers currently make it significantly more difficult for investors to buy the Company’s shares compared to selling shares, causing a sell-side imbalance in the trading of the Company’s shares and preventing a fair and balanced market for all the Company’s investors.
Specifically, Schwab, Fidelity and Vanguard have disabled the buy button for GNS shares for an extended, multi-month period, instructing investors who wish to purchase GNS shares to call their 1-800 number in order to make their purchase.
Investors have made multiple complaints regarding the change in policy including:
The wait and order time is often in excess of fifteen minutes, compared to just minutes to purchase the shares of other companies in their portfolio
No satisfactory and consistent reason is given for the change in policy
On certain reported calls, the call centre assistants often attempt to discourage the investor from buying the Company’s shares
The sell button remains active with ability to sell with ease
Investors do not experience this with other shares in their portfolio
The policy has obstructed and prevented legitimate purchases or intent to purchase by investors, resulting in substantial financial losses.
Robinhood, has been reported by investors to have also disabled the buy button in the past, and now provides a buy button which prompts a message informing the investor they must have cleared funds in their account prior to purchase. This is a policy that also has no satisfactory or consistent reason given to investors, where the sell functionality remains simple and easy, and which does not apply to other shares in the reporting investors’ portfolios.
In the Company’s Notices, entitled “Notice of Potential Market Manipulation & Formal Demand to Reinstate Buy Functionality for GNS”, the Company has demanded from the Parties:
Immediate reinstatement of full Buy functionality for GNS.
A written explanation within five (5) business days identifying the regulatory or operational basis for disabling Buy functionality.
Confirmation that no communications or directives from any market makers, wholesalers, or third parties influenced or informed this action.
Written notice of any future restrictions involving GNS.
Additionally, the Company has requested a litigation hold on the Parties to preserve all records, communications, logs, internal messages, risk alerts, API logs, and compliance reviews related to decisions affecting GNS trading functionality.
The Company reserves it rights to initiate legal action against any of the Parties in the event any of the Parties do not take the demanded actions.
The Company has notified the Parties that it is posting the Demand Notices online for the information of its investors.
The Company advises investors that are clients of the Parties to make reference to the letters when attempting to place their trades until the matter is satisfactorily resolved.
Please find below links to download the relevant Demand Notice:
Schwab Demand Notice
Fidelity Demand Notice
Vanguard Demand Notice
RobinHood Demand Notice