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BlackRock urges regulators to increase scrutiny of robo-advisers

BlackRock Inc. urged regulators to increase scrutiny of robo-advisers as customers flock to automated services, lured by low…

BlackRock Inc. urged regulators to increase scrutiny of robo-advisers as customers flock to automated services, lured by low fees and ease of use.

Regulators should ensure digital advisers understand their customers before offering such services and provide clear disclosure on the algorithms used t

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