Merrill Lynch bans clients from investing in Silbert bitcoin fund

http://ift.tt/y0cs9H, the Wall Street brokerage stopped approving new orders for the Bitcoin Investment Trust due to concerns about the “suitability and eligibility standards of this product,” according to the memo sent to roughly 17,000 brokers at Merrill Lynch and Merrill Edge, a unit for clients who manage their own trades ...

from Google Alert - Bitcoin http://ift.tt/2qmcEjt