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FAs may need to rein in day-trading clients

from Financial Advisor IQ

FAs may need to rein in day-trading clients Financial Advisor IQ Financial advisors may have to warn clients about chasing returns amid the market volatility brought on by the COVID-19 crisis, as many of them are increasingly day-trading, according to a recent report. The plunge that equities markets suffered in March and April 2020 has led to many buying opportunities the likes of which haven’t existed since the end of the 2009 recession, Cerulli Associates says. READ MORE

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