The Associated Press
The legal battle began in December, when state regulators filed an administrative complaint against Robinhood, whose easy-to-use app has helped bring a new generation of investors to the market. The app has grown so popular that the company is preparing to sell its own stock on the market through an initial public offering.
Regulators are asking a hearing officer in the administrative case to consider revoking Robinhood's registration as a broker-dealer in the state.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
States Probe Business Practices of Pharmacy Benefit ManagersSeveral states are investigating pharmacy benefit managers, with some saying they are focused on whether the companies fully disclosed details about their business and potentially received overpayments under state contracts
Source: WSJ - 🏆 98. / 63 Read more »
Cannabis Goes Corporate: Lobbyists, Unions Seek to Shape Marijuana IndustryCannabis companies, new trade organizations and banks are looking to shape marijuana-industry ground rules, sending in the lobbyists as more states legalize and Congress weighs measures to further legitimize use. First trimester.....marijuana use = significant predictor of autism. THC can be passed through breastmilk and that this negatively impacts infant neural and motor development (e.g., Astley and Little, 1990; for review see NIDA, 2016). Learning, memory, and attention are impaired after using cannabis, and the damage lasts even after people stop using it.
Source: WSJ - 🏆 98. / 63 Read more »