AMC CEO challenges Robinhood over overseas tokenized-stock policy

  • Adam Aron again challenged Robinhood executives over overseas tokenized-stock policies.
  • Robinhood had supported voting rights and company opt-outs for tokenized stocks, Aron said.
  • Aron urged Robinhood to maintain the same principles in its international business.

AMC Chief Executive Officer Adam Aron again criticized Robinhood Chief Executive Officer Vlad Tenev and Chief Legal Officer Dan Gallagher over the company’s approach to tokenized stocks overseas. Aron said Robinhood had previously supported the SEC (U.S. securities regulator) position that tokenized U.S. stocks should carry voting rights and allow companies to opt out. He argued that failing to apply the same principles in Robinhood’s international business would be hypocritical and urged the company not to contradict the SEC’s position, writing that it should not "slap the SEC in the face."

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