Monday, December 11, 2023

Robinhood (HOOD) Ends Assist for Some Tokens Named in SEC Lawsuit as Securities



“When Chair Gensler on the SEC in 2021 mentioned, ‘Are available in and register,’ we did,” mentioned Robinhood Markets’ chief compliance lawyer Dan Gallagher in his testimony. “We went by way of a 16-month course of with the SEC workers making an attempt to register a particular function dealer seller. After which we have been fairly summarily advised in March that that course of was over and we might not see any fruits of that effort,” he added.

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