1

I created software that does automatic stock buying and selling through Interactive Brokers' web/API.

Does the SEC regulate this?

1 Answer 1

1

FIRST, I ASSUME YOU ARE BASED IN THE U.S.

If you're buying for your own personal accounts and have simply found a way to automate your own trades then I don't think there are any regulatory issues. In principle this isn't much different than using the tools most brokerages provide to clients allowing them to "automate" trades based on market conditions.

If you're buying for other people or allowing other people to trade using your software then that's an entirely different matter. For that you need to consult a securities attorney.

1
  • Yes, based in U.S. Just doing it for me, to begin with.
    – Doug Null
    Commented Apr 25, 2021 at 23:10

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .