SEC signals enforcement action to Robinhood amid crypto controversy

Robinhood is under the scrutiny of a regulatory agency – the SEC – due to its cryptocurrency operations. The SEC staff made the representatives a Wells Notice, which disclosed a preliminary decision to suggest enforcement proceedings against RHC due to allegations of violating the 15(a) and  17A of the Securities Exchange Act of 1934. SEC’s […] source: https://www.cryptopolitan.com/sec-signals-enforcement-action-to-robinhood/