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Robinhood CEO Vlad Tenev Says Government Regulation Good for Business

  • Robinhood CEO Vlad Tenev believes government regulation is beneficial for the company's business.
  • Tenev emphasized the importance of customer assets' safety and holding financial service providers accountable.
  • Robinhood recently received a letter from the SEC stating the conclusion of its investigation with no plans for enforcement action.
  • In a separate case, Robinhood's two broker-dealers agreed to pay $45 million in combined civil penalties to settle regulatory charges.

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