https://apple.news/Ap5vb0mG5QY2z2jEczoulhg
from the article:
"What they're saying: One adviser at a large brokerage firm, who agreed to speak on the condition of anonymity, said they weren't allowed to even answer a client's question about bitcoin.
Of note: Clients also aren't asking about it as much, he said — "they were two years ago."
Between the lines: Why the Red Scare-level silence? The adviser cited the Know Your Customer and suitability rule, which says that a broker has to have an understanding of the product and the customer before making a recommendation — a lack of understanding would violate the rule.
And the definition of "recommendation" under the rule is broad, causing many to just avoid the conversation."