Will the Biden Administration Kill Robinhood's Model?

The SEC wants change.

Number of the Week: $396 million (explanation below)

Will the Biden Administration Kill Robinhood's Model?

Not much is publicly known about Robinhood’s planned IPO. The company filed a confidential prospectus with the Securities and Exchange Commission (SEC) in March, and some have speculated that its value as a public company could be as high as $40 bil…