CoinVoice has recently learned that according to the latest market information, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Merrill Lynch, accusing it of taking advantage of market fluctuations in customer transactions to make profits.
According to the latest news, Merrill Lynch's brokerage department is providing Bitcoin spot ETF trading services to wealth management clients. Due to customer requests, the bank first provides approved ETF products to some wealth management clients with brokerage accounts. [Original link]