IRAs beware! Regulators are warning about crypto exposure in retirement accounts.
Three financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to cryptocurrencies.
In a Feb. 7 notice, the United States Securities and Exchange Commission’s Office of Investor Education and Advocacy, the North American Securities Administrators Association, and Financial Industry Regulatory Authorityself-directed individual retirement accounts, or IRAs, may include assets with potential risks, including cryptocurrencies.
“Some self-directed IRAs may offer investments in ‘crypto assets’ such as ‘virtual currencies,’ ‘coins,’ and ‘tokens’,” said the notice. “Many of the trading platforms for these crypto assets refer to themselves as ‘exchanges,’ which may give investors the misimpression that they have registered with the SEC.”
INVESTOR ALERT: Self-directed IRAs allow investment in a broader and potentially riskier portfolio of assets than other types of IRAs. Make sure you know the risks and what to look out for before you invest in a
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Chinese spy balloons under Trump not discovered until after Biden took office | CNN PoliticsThe transiting of three suspected Chinese spy balloons over the continental US during the Trump administration was only discovered after President Joe Biden took office, a senior administration official told CNN on Sunday.
Lire la suite »
Chinese spy balloons under Trump not discovered until Biden took office: administration officialThe official said that the intelligence community is prepared to offer briefings to key Trump administration officials about the Chinese surveillance program, which the Biden administration believes has been deployed in countries across five continents over the last several years.
Lire la suite »
Google San Jose village makes progress — yet tech titan will ax office spaceGoogle is pushing forward with plans to develop a game-changing transit village in downtown San Jose — even though the tech titan aims to slash existing office space.
Lire la suite »
Vigil held in front of Birmingham construction office for ‘Cop City’ protester killed in GeorgiaThe Birmingham chapter of Democratic Socialists of America held a vigil in front of the Birmingham office of Brasfield & Gorrie, which is the primary contractor building the controversial police training center on an 85-acre wooded site in Georgia.
Lire la suite »