BUZZ-Robinhood rises after SEC drops investigation into its crypto platform
Shares of trading platform Robinhood Markets HOOD.O rise 3.2% to $53.25 premarket
Co says U.S. Securities and Exchange Commission closes investigation into Robinhood Crypto with no enforcement action
Robinhood Crypto received Wells Notice from SEC in May 2024
Move is latest sign of the SEC's changing approach to crypto regulation following Donald Trump's return to the White House
Crypto exchange Coinbase COIN.O said Friday the U.S. regulator plans to withdraw its lawsuit against co
"Robinhood Crypto always has and will always respect federal securities laws and never allowed transactions in securities," says Dan Gallagher, chief legal, compliance and corporate affairs officer, Robinhood Markets
Up through Friday's close, HOOD has gained over 38% year-to-date
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