\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Security Offerings<\/h2>\n\n\n\n

SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Robinhood's Connect Allows Users To Access DeFi<\/a><\/p>\n\n\n\n

Security Offerings<\/h2>\n\n\n\n

SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The action has attracted criticism, with Variant Fund legal lead Jake Chervinsky saying that SEC is \u201cabusing the Wells process as a scare tactic now.\u201d Reports<\/a> indicate that the SEC has brought at least one lawsuit every month against crypto companies since November.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Robinhood's Connect Allows Users To Access DeFi<\/a><\/p>\n\n\n\n

Security Offerings<\/h2>\n\n\n\n

SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The issuance of the \u201cWells Notice\u201d comes even as the SEC continues its crackdown on the crypto sector. The \u201cWells Notice\u201d is issued when the regulator plans to bring an enforcement action against an entity, although it doesn\u2019t suggest wrongdoing. <\/p>\n\n\n\n

The action has attracted criticism, with Variant Fund legal lead Jake Chervinsky saying that SEC is \u201cabusing the Wells process as a scare tactic now.\u201d Reports<\/a> indicate that the SEC has brought at least one lawsuit every month against crypto companies since November.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Robinhood's Connect Allows Users To Access DeFi<\/a><\/p>\n\n\n\n

Security Offerings<\/h2>\n\n\n\n

SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Retail trading platform Robinhood has announced<\/a> the receipt of the so-called \u201cWells Notice\u201d from the US Securities and Exchange Commission (SEC). The notice relates to crypto tokens offered on the Robinhood trading platform.<\/p>\n\n\n\n

The issuance of the \u201cWells Notice\u201d comes even as the SEC continues its crackdown on the crypto sector. The \u201cWells Notice\u201d is issued when the regulator plans to bring an enforcement action against an entity, although it doesn\u2019t suggest wrongdoing. <\/p>\n\n\n\n

The action has attracted criticism, with Variant Fund legal lead Jake Chervinsky saying that SEC is \u201cabusing the Wells process as a scare tactic now.\u201d Reports<\/a> indicate that the SEC has brought at least one lawsuit every month against crypto companies since November.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Robinhood's Connect Allows Users To Access DeFi<\/a><\/p>\n\n\n\n

Security Offerings<\/h2>\n\n\n\n

SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

\u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • SEC has increased crackdown on crypto firms since November.<\/li>\n<\/ul>\n\n\n\n

    Retail trading platform Robinhood has announced<\/a> the receipt of the so-called \u201cWells Notice\u201d from the US Securities and Exchange Commission (SEC). The notice relates to crypto tokens offered on the Robinhood trading platform.<\/p>\n\n\n\n

    The issuance of the \u201cWells Notice\u201d comes even as the SEC continues its crackdown on the crypto sector. The \u201cWells Notice\u201d is issued when the regulator plans to bring an enforcement action against an entity, although it doesn\u2019t suggest wrongdoing. <\/p>\n\n\n\n

    The action has attracted criticism, with Variant Fund legal lead Jake Chervinsky saying that SEC is \u201cabusing the Wells process as a scare tactic now.\u201d Reports<\/a> indicate that the SEC has brought at least one lawsuit every month against crypto companies since November.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Robinhood's Connect Allows Users To Access DeFi<\/a><\/p>\n\n\n\n

    Security Offerings<\/h2>\n\n\n\n

    SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

    \u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

    It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

    In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Robinhood has responded to the \u201cWells Notice,\u201d believing assets offered are not securities.<\/li>\n\n\n\n
  • SEC has increased crackdown on crypto firms since November.<\/li>\n<\/ul>\n\n\n\n

    Retail trading platform Robinhood has announced<\/a> the receipt of the so-called \u201cWells Notice\u201d from the US Securities and Exchange Commission (SEC). The notice relates to crypto tokens offered on the Robinhood trading platform.<\/p>\n\n\n\n

    The issuance of the \u201cWells Notice\u201d comes even as the SEC continues its crackdown on the crypto sector. The \u201cWells Notice\u201d is issued when the regulator plans to bring an enforcement action against an entity, although it doesn\u2019t suggest wrongdoing. <\/p>\n\n\n\n

    The action has attracted criticism, with Variant Fund legal lead Jake Chervinsky saying that SEC is \u201cabusing the Wells process as a scare tactic now.\u201d Reports<\/a> indicate that the SEC has brought at least one lawsuit every month against crypto companies since November.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Robinhood's Connect Allows Users To Access DeFi<\/a><\/p>\n\n\n\n

    Security Offerings<\/h2>\n\n\n\n

    SEC has firmly held<\/a> that most crypto tokens are securities and thus fall under its registration rules. In response to the regulator, Robinhood\u2019s Chief Legal, Compliance and Corporate Affairs Officer said:<\/p>\n\n\n\n

    \u201cWe firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.\u201d <\/em><\/p>\n\n\n\n

    It is unclear which tokens SEC considers security in light of the latest enforcement notice against the brokerage firm. <\/p>\n\n\n\n

    In the past, Robinhood has delisted several tokens from its platform, including Cardano (ADA), Solana (SOL), and Matic (MATIC), after the regulator went for rival trading entities. The company also disclosed that it made the decision not to provide various products, including staking and lending services, in light of SEC\u2019s enforcement on other platforms. <\/p>\n","post_title":"SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sec-sends-robinhood-an-enforcement-notice-over-tokens-offered-on-its-platform","to_ping":"","pinged":"","post_modified":"2024-05-13 18:30:06","post_modified_gmt":"2024-05-13 08:30:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16797","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n