Robinhood CEO Says Company Responded to SEC Wells Notice
HOODRobinhood(HOOD) PYMNTS.com·2024-08-09 06:46

Robinhood Markets reportedly submitted a response to a Securities and Exchange Commission (SEC) Wells Notice that it received in May, which warned the company of impending enforcement action related to its cryptocurrency business.Vlad Tenev, CEO of Robinhood, told Bloomberg Television about this move in a Thursday (Aug. 8) interview, while adding that he had no other updates to share, Bloomberg reported.“We’ve spent a lot of time making sure that the response is as high-quality as possible,” Tenev said, per ...