. A spokesperson for JPMorgan confirmed that the letter was sent firmwide to clients, and said that Reuters had a version of the letter that was worded specifically for prime brokerage clients.
JPMorgan's decision follows a similar one by Credit Suisse, which told clients it would stop serving as a custodian for US cannabis stocks in May. Those moves come after BNY Mellon's Pershing, the bank's custodian division, told clients it would restrict buying or trading US cannabis stocks in 2019.
Steve Hawkins, the president of the US Cannabis Council, an industry trade group, said in a statement that JP Morgan is"on the wrong side of history" and will come to"regret this decision." "JPMorgan's move to block its customers from buying securities in fully legal, regulated cannabis companies is beyond disappointing. Publicly-traded cannabis companies operate entirely within the law, and the industry is poised for tremendous growth," he said."On the basis of current laws in the applicable jurisdictions, J.P. Morgan has recently adopted new policies around marihuana-related businesses.
If u wanna pure organic pls visit Nepal once ur life
阅读摩根大通发给客户的关于限制美国大麻股票投资或交易的完整信函
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | The U.S. and EU Shake Up Global TradeFrom WSJopinion: The G-20 was another yawner, but big news unfolded alongside the summit in Rome, writes wrmead opinion wrmead thanks
Source: WSJ - 🏆 98. / 63 Read more »
U.S. stock futures hold steady as investors wait for Fed decisionStock futures hug the flat line as the market waits for the Federal Reserve to announce a decision on interest rates and policy, while several economic... REALLY !. Here comes Jerome w the bad/red news lol
Source: MarketWatch - 🏆 3. / 97 Read more »
Studiocanal’s ‘The Wolf and the Lion’ Gets U.S. Distribution Deal with Blue Fox (EXCLUSIVE)Blue Fox Entertainment has acquired U.S. rights to Studiocanal’s adventure family film “The Wolf and the Lion” from French director Gilles de Maistre who previously helmed “Mia an…
Source: Variety - 🏆 108. / 63 Read more »
With Us In The Wilderness Bible Study by Lauren Chandler | Lifeway'His previous faithfulness is always a good indication of His future provision, no matter what the wilderness may hold.' — laurenchandler, With Us in the Wilderness WithUsInTheWilderness |
Source: LifewayWomen - 🏆 718. / 51 Read more »
U.S. Adolescents' Daily Screen Time Doubled During PandemicA new report reveals recreational screen time among U.S. teens doubled from before the pandemic to nearly eight hours per day during the pandemic.
Source: WebMD - 🏆 709. / 51 Read more »
5- to 11-year-olds can now get a Covid-19 vaccine in the USVaccine advisers to the US Centers for Disease Control and Prevention voted unanimously Tuesday to recommend giving Pfizer's Covid-19 vaccine to children ages 5-11. Follow here for the latest news updates. Kids were pretty safe according to CDC data. But it’s more money for the big companies, so Jab them up!!!!! $$$ Joseph Melenge 2.0 They have a 99.9947% chance of survival without intervention Your Gene Therapy Experimental shot increases 2nd and 3rd order medical problems above the statistical background averages The Risk far and away exceeds the stated Reward DoNotComply
Source: cnnbrk - 🏆 393. / 55 Read more »