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Articles Posted in Cryptocurrencies

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Can My Broker or Investment Advisor Sell Me Cryptocurrency?

Can my broker or investment advisor sell me cryptocurrency (“crypto”)? Is it an investment? The answer is not so simple; no, they cannot sell it directly, but they may try to sell it to you indirectly through a fund or private placement. Rest assured, it is still just as volatile…

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“Crypto Creep”: Retirees and Conservative Investors Are Discovering That Their Brokerage Accounts Are Becoming Increasingly Exposed to the Speculative Risks of Cryptocurrencies like Bitcoin. Your Financial Advisor Has a Duty to Disclose These Risks

Few would dispute that Cryptocurrency – whether Bitcoin, Ethereum, or the thousands of other smaller coins – is a speculative and risky investment. The volatility alone in these coins was showcased this past weekend, with Bitcoin suddenly plunging over 25% from nearly $57,000 to just over $42,000 per unit. This…

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