Robinhood (HOOD) receives "Wells Notice" from the Staff of the SEC
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Robinhood receives SEC notice about potential action against crypto unit, shares slip
May 6, 2024 9:07 AM EDTShares of Robinhood Markets Inc. (HOOD) slipped 2.7% in premarket trading Monday after the trading platform operator said it received a "Wells Notice" from the U.S. Securities and Exchange Commission (SEC).
This notice indicates that the SEC has made a "preliminary determination" to suggest filing an enforcement action against... More
