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SEC Issues Wells Notice to Robinhood For Crypto Trading Business. Robinhood, the popular trading platform, has received a Wells notice from the United States Securities and Exchange Commission (SEC), leading to a 2.5% drop in its share price during pre-market trading, reaching $17.95. A Wells notice is a formal letter sent by the securities regulator signaling the conclusion of its investigation.
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Fast-moving consumer goods major Godrej Consumer Products on Monday (May 6) reported a net loss of ₹1,893.2 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter, Godrej Consumer Products posted a net profit of ₹452 crore, the company said in a regulatory filing. The board has declared an interim dividend of ₹10 per share for the financial year 2024-25.
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Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors in the continent’s capital markets and better compete with Wall Street.The United States has long had a 'consolidated tape' aggregating stock and bond prices from competing trading platforms for investors to spot the best deals.
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