While cryptocurrency allows users to remove the middleman, some investors still rely on their brokers to ensure that their assets are safe. The Securities Exchange Commission (SEC) is now looking at this relationship and just how involved these intermediaries actually are.
The only way to make a well-informed decision about anything is by questioning it while making sure that you’ve gathered all of the facts.
This appears to be exactly what the SEC is doing. According to Bloomberg, brokerages have found themselves in the regulator’s spotlight. The latter is looking at issues such as trading fees and the level of assistance that these financial advisers provide.