Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’

The U.S. Securities and Exchange Commission’s erstwhile caput of net enforcement, John Reed Stark, has raised concerns astir Morgan Stanley’s 15,000 fiscal advisors promoting cryptocurrency investments, citing risks to retail investors and imaginable vocation consequences for advisors. He warned that the advisors could hazard their Certified Financial Planner credentials if they neglect to adhere to […]