Until regulatory clarity is achieved, advisors should document consideration of the uncertainty, market volatility and investment basics in minuted investment committee meetings. Drawing from traditional finance experiences with illiquid assets during the 2008 credit crisis, advisors can demonstrate their fiduciary duty even in the face of uncertainty. In 2008, it was unclear how to meet fiduciary obligations for valuation; however, many met these with:
Cup-and-Handle Pattern Signals Altseason Is Ready For Launch
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing...