Regulators

Regulators

Massachusetts regulators are seeking to revoke Robinhood’s broker license just as the trading app aims to go public

Massachusetts regulators are seeking to revoke Robinhood’s broker-dealer license to prevent the trading app’s operations in the state. William Galvin, the Secretary of the Commonwealth of Massachusetts, wrote in a Thursday filing Robinhood has “continued a pattern of aggressively inducing and enticing trading among ...Read More

Senator Elizabeth Warren Told The Securities and Exchange Commission To Look Into Possible Corporate Executives Engaged In Insider Trading

By Jack Kelly   Democratic Senator Elizabeth Warren is concerned over how some corporations may game the system to enrich their executives.    Warren sent a letter to the Securities & Exchange Commission asking for the regulatory agency to review the manner in which ...Read More

The Securities and Exchange Commission Is Empowering Their Enforcement Staff To Take Immediate Swift Actions To Combat Emerging Potential Problems

By Jack Kelly Former President Trump isn’t a fan of regulations.* During his campaign for the Presidency in 2016, Trump was clear in promising a clampdown on regulations, saying for every one newly proposed rule two regulations would have to be ripped-up.  He believed ...Read More