News

SEC drops investigation into Robinhood crypto, will take no further action - MSN
In December 2020, the SEC fined Robinhood $65 million for allegedly misleading its customers about how it makes money. However, while Robinhood did agree to pay the fine, a company attorney said ...
CCN on MSN2h
SEC’s Hester Peirce Says Tokenized Assets Still Count as Securities
SEC Commissioner Hester Peirce says tokenized products are still securities if the underlying asset is a security. In a new statement, Peirce clarified that blockchain ...
Robinhood's OpenAI, Space X Tokens Aren't Just A Gimmick—Here's What's Still To Come
Robinhood CEO confirms talks with EU regulators over new tokenized equities offering. Company believes it will democratize ...
Cryptopolitan on MSN11h
The tokenization trend sweeping the markets is ‘enchanting, but not magical,’: US SEC
The SEC has just released a statement on the tokenization of securities penned by Commissioner Hester M. Peirce, who many in ...
TechCrunch4mon
The SEC will not sue Robinhood over crypto - TechCrunch
Coinbase, which the SEC had sued, opted to fight. Robinhood chose to avoid trading the crypto assets that seemed to trigger the SEC the most, although it did launch a staking service in Europe.
These stocks surged as SEC chair sounds upbeat on ‘tokenization’ of equities
Robinhood and Coinbase shares surged after SEC Chair Paul Atkins sounded upbeat about the tokenization of stocks in an ...
Boston Herald4mon
Robinhood says SEC has closed its investigation into the company - Boston Herald
The news about Robinhood comes just days after Coinbase said that the SEC dismissed a case against them, pending commission approval. The decision was not confirmed by the SEC.
Ars Technica1y
SEC crypto crackdown continues with Robinhood as lawsuit looms
Robinhood is considered "more conservative than other US cryptocurrency businesses," The Wall Street Journal noted.And Robinhood has seemingly attempted to monitor SEC enforcement to ensure its ...
CBS News4y
Robinhood Financial fined $65 million by SEC for misleading users
While Robinhood markets its services as "commission free," the SEC claims that customers in reality received inferior trade prices that "in aggregate deprived customers of $34.1 million," despite ...
New York Post4y
SEC slaps Robinhood with $65 million fine for misleading users
The SEC says Robinhood users were cheated out of more than $34 million by this practice, even when taking into account the lack of commissions, ...
CNN4y
Robinhood agrees to pay a $65 million fine for deceiving clients
The SEC said that Robinhood benefited from completing trades at prices that were less than optimal for its clients. In aggregate, those fees deprived customers of $34.1 million, ...
Forbes4y
Robinhood Facing Multiple SEC Investigations Into Its Business Practices - Forbes
Robinhood is reportedly facing multiple investigations by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regarding its March service outage, and ...