Robinhood says SEC could pursue enforcement actions over its crypto operations
Publishing timestamp: 2024-05-06 10:58:10
Summary
The SEC is considering enforcement action against Robinhood related to its U.S. crypto business. Robinhood believes the assets listed on its platform are not securities and is prepared to defend its case. Shares initially fell but have since rebounded. Robinhood is set to report its quarterly earnings soon.
Sentiment: MIXED
Tickers: HOOD,
Keywords: markets, robinhood markets inc, investment strategy, breaking news: markets, business news, cryptocurrency, breaking news: investing,