Summary
[Many banks continue to suspend robo-advisory business]According to the surging, a number of banks have suspended the subscription function of robo-advisory services. Many insiders in the banking industry said that this is mainly related to stricter supervision and requirements for more standardized investment advisory business. It is understood that some fund companies and fund sales institutions have received the “Notice on Regulating Fund Investment Recommendation Activities.”
According to the surging, recently, manyBankThe subscription function of robo-advisor business has been suspended successively.MultipleBankAccording to industry insiders, it is mainly related to stricter and stricter supervision, which requires more standardized investment advisory business.It is understood that part offund companyandFund salesThe institution has received the “RegardingfundNotice of Investment Recommendation Activities.
Zhongtai SecuritiesDai Zhifeng, director of the Institute, believes that the “Notice” classified fund portfolio strategy investment recommendations as a fund investment advisory business category, so companies that do not have a fund investment advisory license are not allowed to carry out fund portfolio recommendation business. The new business was suspended, and the licensee completed the rectification before the end of the year in accordance with the requirements of the “Notice”.
(Source: Gelonghui)
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