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Carlton
npub17mm…pr9f
2024-10-19 12:16:08
in reply to nevent1q…6glm

Carlton on Nostr: Why would these asset managers take a reputational risk of running some paper bitcoin ...

Why would these asset managers take a reputational risk of running some paper bitcoin racket?

The risks you and I underwrite for our own self custody arrangement is not the same as the fiduciary responsibility of a CFP or a CPA. If you’re in breach of fiduciary duty you lose your license, your career, and you’d go to jail. This all changed after 2008 with Dodd frank.
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npub17mmp4es3m3p3ypa0u6mf68yj9284nky092l5as8s0pfd6gu3mqqqx3pr9f