Source: Coindesk.com
Robinhood (HOOD), the popular trading platform, received a Wells Notice from the Securities and Exchange Commission (SEC) on May 4. The stock pared earlier losses and rose about 2% on Monday.
"On May 4, 2024, RHC received a 'Wells Notice' from the Staff of the SEC (the 'Staff') stating that the Staff has advised RHC that it
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Source: Coindesk.com