notifying it that the regulator could sue after a "preliminary determination" that Robinhood had violated securities law. The Wells Notice doesn’t necessarily mean that the SEC will proceed with ...
On May 4, Robinhood received a Wells notice from the U.S. Securities and Exchange Commission (SEC). The Wells notice is a letter sent from the securities regulator that concludes its investigation ...
notifying it that the regulator could sue after a "preliminary determination" that Robinhood had violated securities law. The Wells Notice doesn’t necessarily mean that the SEC will proceed with ...
Last month, the SEC struck Robinhood with a Wells notice, a warning from the regulator that an impending civil enforcement action might be imminent. According to a recent 8-K filing, the SEC ...
The expansion comes as Robinhood's existing crypto business has drawn scrutiny from regulators, with the SEC sending the company a Wells Notice last month, indicating potential enforcement actions.
Robinhood, which is best known for stock trading, disclosed in May that the SEC’s enforcement staff had sent the firm a Wells notice, indicating that it made an initial determination to recommend ...
Trading platform Robinhood Markets said on Thursday it has agreed to buy cryptocurrency exchange Bitstamp for around $200 million in cash, speeding up a broader push into digital assets with its ...
Robinhood's crypto business was the driving force behind a massive first-quarter earnings beat in May, but that same week, it also disclosed that it received a so-called Wells notice from the U.S ...
Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally. Bitstamp, founded in 2011, ...
The deal for the crypto exchange comes a month after Robinhood disclosed that it received a so-called Wells notice that the regulator is preparing to sue the company over alleged violations of ...
Stock-trading app Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp. Robinhood on Thursday said it expects the final transaction value to ...