Robinhood Chief Legal Officer: The SEC shouldn’t have investigated

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ODAILY
02-24
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Odaily reported that the SEC has terminated its investigation into RobinHood Crypto and will not take any action. In response, Dan Gallagher, Chief Legal, Compliance and Corporate Affairs Officer of Robinhood Markets, Inc., stated: "We appreciate the SEC staff's decision to end this investigation without any action. It's important to be clear - this investigation should never have been opened in the first place. Robinhood Crypto has always respected federal securities laws and would never allow securities trading. As we explained to the SEC, any case against Robinhood Crypto would have failed. We are grateful for the formal conclusion of this investigation and are pleased to see the SEC return to the rule of law and a commitment to fairness." (newsroom)

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