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Evening Standard
Evening Standard
Business
Simon English

City watchdog should stick to its guns on 'name and shame' plan

A couple of days ago Robinhood, the US broker that made its name during the meme stock frenzy in 2021, was warned it is facing regulatory action.

The US Securities & Exchange Commission – a paper tiger or a tyrant of a regulator depending on who you believe – issued what is known as a Wells notice regarding the firm’s cryptocurrency business.

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