. 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.
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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