February 24, 2017 BY Valentina Kirilova

SEC staff issues investor bulletin on robo-advisers

The Securities and Exchange Commission (SEC) published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online with often limited human interaction. Because of the unique issues raised by robo-advisers, the Commission’s Division of…

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