Cryptocurrencies are not suitable in investment portfolios because of unstable returns and volatility, and low correlation between various cryptocurrencies.
SEC continues to reject Bitcoin ETF proposals because the proposals are not consistent with the Exchange Act Section 6(b)(5) and its requirement that a national securities exchange's rules "be designed to prevent fraudulent and manipulative acts and practices."
Steve Wozniak, co-founder of Apple with Steve Jobs, recently announced his participation in a crypto startup. During the interview, Mr. Wozniak (Wo...
About Ezra Zask
Ezra Zask has spent over 30 years in the finance and investment areas, providing research and consulting to investors and investment management companies. He has founded and managed a hedge fund, fund of funds and investment advisory firms, ans held senior positions in hedge funds and investment advisory firms. He has taught at Princeton and Yale graduate schools and written extensively including a best-selling book, All About Hedge Funds, Second Edition (McGraw Hill: 2013)