Reuters

Explainer-How Robinhood’s public listing ups the regulatory stakes

WASHINGTON (Reuters) -Robinhood Markets Inc’s highly anticipated public listing will subject the company to onerous new regulatory demands – a weak spot for the fast-growing online broker. Those new obligations, which are enforced by the U.S. Securities and Exchange Commission (SEC), comprise disclosure, governance and internal controls, legal experts said. As a public company, Robinhood will be required to release quarterly financial results, including previously nonpublic information such as how certain businesses, like cryptocurrency trading or options trading, contribute to its overall revenues.

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