Bitcoin

The platform will offer a range of crypto products for large investors, according to people with knowledge of the matter.

The technology could make collecting more appealing to investors.

Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.

The regulator says it will keep an eye on issues like cybersecurity and cryptocurrencies.

The SEC has cited concerns about manipulation as a top worry that must be addressed before it approves a bitcoin ETF.

The product, which allows investors to purchase virtual currencies on their exchange, hits the market at a low point for bitcoin.

Chairman Jay Clayton said he remains worried that cryptocurrency can be too easily stolen or manipulated on exchanges.

The new platform will support bitcoin and Ether early next year and offer over-the-counter trade execution and order routing.

Love or hate Bitcoin and other cryptocurrencies, Ric Edelman says advisors still must prepare to help clients invest in a "cashless future."

"It’s still a very sketchy area," one accounting professional says.