Copy trading & automated trading regulations/legalities

Discussion in 'Ask any question!' started by tradev, Apr 20, 2022.

  1. tradev

    tradev New Member

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    Is anyone here familiar with SEC regulations about this? There's a handful of apps that are now coming out that are doing this. What's the regulations and laws behind this? What type of permissions do they need from brokerages and/or the SEC? Any type of license or liability insurance?

    Hoping some legal heads here can shine some light onto this.

    Won't post links but some apps as example;
    Iris Social Stock App - (haven't released copytrading yet, but have announced it)
    StockPilot - believe they just came out with it
     

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