We at the SEC take investor education very seriously. The robo-advising platforms and brokerage platforms affirmatively put educational material on their site. What their obligation is, is to make sure that when they do that, it's accurate and not misleading.
Investor protection requires that the humans who deploy a model ...put in place appropriate guardrails. If you deploy a model...you've got to make sure that it complies with the law.
#sec #regulation #securities-law #automated-trading #robo-advising-platforms #disclosure-obligations #investment-firms #guardrails
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