Robinhood and its CEO Vlad Tenev engaged in 16 meetings with the United States Securities and Exchange Commission (SEC) prior to receiving a Wells Notice from the commission, as revealed by Tenev in an interview with CNBC on Wednesday.
During the interview with CNBC’s Kate Rooney, Tenev stated, “In an effort to demonstrate our sincerity, we willingly met with the SEC on 16 occasions. Regrettably, this gesture was not reciprocated.”
