Robinhood Stock Pops as SEC Investigation Into Robinhood Crypto Wraps - Barron's
1. SEC closed its investigation into Robinhood Crypto with no enforcement actions. 2. HOOD shares rose 1.9% to $52.60 as investors welcomed reduced regulatory risk. 3. Investors received reassurance from eased oversight on crypto trading platforms. 4. SEC is also set to drop its Coinbase lawsuit, reinforcing a freer regulatory environment.