Robinhood's chief legal officer Gallagher rules out becoming SEC chair, CNBC reports [Yahoo! Finance Canada]
Robinhood Markets, Inc. - Class A (HOOD)
Company Research
Source: Yahoo! Finance Canada
Reuters 1 min read In This Article (Reuters) - Robinhood Markets' Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was reportedly the frontrunner to become its chair under Donald Trump, told CNBC on Friday he was not interested in the role. "I've made it clear to the relevant people that I'm not interested in being considered for the role," he said. Gallagher, a Republican SEC commissioner from 2011 to 2015, joined Robinhood in 2020. He is expected to play a crucial role in the retail brokerage's defense in its dispute with the SEC over potential enforcement action related to the cryptocurrencies listed on its platform. His appointment as the SEC chair would have marked a major milestone for the crypto industry, which has faced stringent scrutiny under current Chair Gary Gensler. Gallagher's decision to bow out opens the door for other contenders. Among them is Paul Atkins, another former Republican SEC commissioner
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News
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- Trump Set to Supercharge Options Boom Driven by Retail Investors [Yahoo! Finance]Yahoo! Finance
- Charles Schwab Eyes Spot Crypto Trading Once Regulations Change [Yahoo! Finance]Yahoo! Finance
- FTX executive and co-founder Gary Wang gets no jail time for role in crypto collapse [Yahoo! Finance]Yahoo! Finance
HOOD
Earnings
- 10/30/24 - Miss
HOOD
Sec Filings
- 11/21/24 - Form 4/A
- 11/20/24 - Form 4
- 11/18/24 - Form 144
- HOOD's page on the SEC website