2Michael Carney, Motif Investing Rolls Out Social, Do It Yourself Stock Investing, https://pando.com/2013/02/28/naotif-investing-rolls- out-social-do-it-yourself-stock-investing/.
3IOSCO.Report on the IOSCO Social Media and Automation of Advice' Rools Surveys, FR04/2014.
4Tim Bradbury.Robo-advice is coming: What it means, who will buy it and why, Professional Planner, No.69, 2014.
5Howard M. Friedman. Securities Regulation m Cyberspace[M]. Aspen Publishers,2003:16-10.
6Michael Carney. Motif Investing Rolls Out Social, Do It Yourself Stock Investing, https://pando.com/2013/02/28/motif-investing-rolls- out-social-do-it-yourself-stock-investing/.
7Ian Salisbury.What Every Investor Should Know About Schwab' s "Free" New Advice Service, http://time.com/ money/3737SSS/schwab-mteUigent-portfolio-free-advice/.
8Ronald J. Colombo. Merit Regulation Via the Suitability Rules[J]. Journal of International Business and Law,2013(12):1-16.
9Victor Fleischer.Regulatory Arbitrage[J].Texas Law Review, 2011, (89): 227.
