NewsFeeds update
AMC CEO Adam Aron said on X that Robinhood claims to support the SEC's new rules on tokenising US stocks and asked whether its international business will follow the same principles. He said offshore operations in Jersey that ignore them would mock the SEC's approach.
Regulation
OdailyAIBearish
AMC CEO Adam Aron said Robinhood tokenized AMC stock without consent, calling it 'disgusting'; Robinhood CEO Vlad Tenev said no consent was needed. Aron pressed Robinhood on whether its offshore tokenised-stock business follows SEC rules, and now says AMC opposes Robinhood issuing AMC stock tokens in the US, calling…
AMC CEO Adam Aron posted on X addressing Robinhood CEO Vlad Tenev and chief legal officer Dan Gallagher, saying Robinhood backed the SEC's position that tokenized US stocks should carry voting rights and that companies can opt out. Aron called it hypocritical if Robinhood does…
AMC Entertainment CEO Adam Aron said Robinhood tokenized AMC stock without the company's consent and called the product "disgusting." Robinhood CEO Vlad Tenev said no consent was needed and the product targets international investors seeking US stock exposure; it is issued…
RegulationOdailyAINeutral
AMC CEO Adam Aron said on X that Robinhood claims to support the SEC's new rules on tokenising US stocks and asked whether its international business will follow the same principles. He said offshore operations in Jersey that ignore them would mock the SEC's approach.
RegulationOdailyAIBearish
AMC CEO Adam Aron said on X that AMC does not agree to Robinhood issuing tokens in the US that replicate AMC stock, calling them fake synthetic shares that could affect AMC's capital structure. He said the SEC requires Robinhood to obtain AMC's consent, or at least ensure AMC does not object.
RegulationOdailyAIBearish
AMC Entertainment chief executive Adam Aron again criticised Robinhood's Vlad Tenev and Dan Gallagher, saying AMC does not agree to the US launch of AMC stock tokens and that the SEC requires Robinhood to obtain AMC's consent. Aron called the tokens fake, synthetic shares that could affect AMC's capital structure.
Regulation
PANewsAIBearish
Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.
Breaking news and our own Originals on your phone or desktop, the moment they are out. A few alerts a day at most.
ADVERTISEMENT970 × 90728 × 90320 × 100
Ad Advertise in the Footer Banner970 × 90 at the end of every page, labelled and linked. Book it in one form on our Advertise page. Book it