HOOD Stock Recent News

Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.

Robinhood, one of the most popular retail brokerages for investing in securities, is trying to convince the Securities and Exchange Commission at crypto is not a security.

Trading app Robinhood Markets is expected to report its highest quarterly revenue in nearly three years, helped by a steady rebound in equity markets and crypto trading.

Robinhood (HOOD) receives a notice from the SEC regarding its crypto operations. The regulator deems the non-registration of securities as a violation of rules.

Robinhood (HOOD) has received a warning from the Securities and Exchange Commission (SEC) that the trading platform could face an enforcement action regarding its crypto business on the platform. Mizuho Americas Senior Financial Technology Analyst Dan Dolev joins Market Domination to discuss why he's not concerned about this development.

The Securities and Exchange Commission is gearing up to sue Robinhood's crypto unit. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange.

A Wells Notice is a formal notification issued by the U.S. Securities and Exchange Commission to inform a person or company that they were involved in a completed investigation by the regulator. The notice is given when infractions have been discovered by the SEC, and it provides the company or individual a chance to address the investigation publicly before any rulings are levied.

Robinhood's cryptocurrency business could become the target of regulatory action. The trading platform said Monday (May 6) that it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) staff indicating they will recommend that the commission take enforcement action against the company.

Robinhood Markets Inc (NASDAQ:HOOD) said it has received a warning from the Securities and Exchange Commission (SEC) that it could face an enforcement action related to the cryptocurrency tokens traded on its platform. The stock trading platform said it had received a Wells Notice, a notification that the SEC is planning to bring an enforcement action against Robinhood.

This morning, Robinhood Markets shares dropped more than 2% in premarket trading after the company's cryptocurrency division was hit with a “Wells Notice.” Filed by the U.S. Securities and Exchange Commission on Saturday, the notice is a formal warning that the SEC intends to take civil action against Robinhood.