Robinhood Rises on 0.75% Gains as $2.71B Volume Slides to 21st Amid SEC Scrutiny

Robinhood Markets (HOOD) closed 0.75% higher on August 28, 2025, with a trading volume of $2.71 billion—a 28.33% decline from the previous day's level—ranking 21st in equity market activity for the day.

Recent developments highlight regulatory scrutiny as the SEC has intensified its investigation into the platform's compliance with investor protection rules. While no enforcement actions have been announced, the ongoing probe has created short-term uncertainty for retail-focused brokers. Market participants are closely monitoring potential policy shifts that could impact commission-free trading models.

Internal operational updates suggest the company is streamlining back-office functions to reduce costs, with recent layoffs targeting non-core departments. This follows a strategic pivot toward institutional-grade services and enhanced cybersecurity measures, which analysts say could stabilize long-term revenue streams despite current market volatility.

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