The company said that the potential action from the agency may include “a civil injunctive action, public administrative proceeding, and/or a cease-and-desist proceeding and may seek remedies that include an injunction, a cease-and-desist order, disgorgement, pre-judgment interest, civil money penalties, and censure, revocation and limitations on activities.”
Robinhood (HOOD) Shares Fall After Its Crypto Arm Gets Wells Notice From SEC
