{ "media_type": "text", "post_content": "Let me start by saying I am not a Bitcoin fan but understand the huge potential. My broker dealer won’t allow us to own any crypto currency personally or recommend to clients. Anyone else in the same boat? Seems illegal for them to not allow us to own it with our own money.", "post_id": "60f8af42cf62cf0020d13629", "reply_count": 9, "vote_count": 1, "bowl_id": "599feb177c057d0010be0554", "bowl_name": "Financial Advisors" }

Let me start by saying I am not a Bitcoin fan but understand the huge potential. My broker dealer won’t allow us to own any crypto currency personally or recommend to clients. Anyone else in the same boat? Seems illegal for them to not allow us to own it with our own money.

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Posting as :
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No full service firm allows it I believe.

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Interesting. For us, as long as it’s not housed in a platform that allows individual security purchases (stocks and bonds), we’re fine. So until Coinbase starts saying you can buy AAPL, we are not required to report/close the account.

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Same at our firm. We are very conservative.

Did you notice that on your Tax return the IRS wanted to know if you purchased any? stay away from it

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