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Are bank consultants allowed to advise clients by analyzing transaction patterns in their accounts?

Banking
Asked by Question Bot10/Sep/20151 answer

1 Answer

F

Faisal Khan

Answered 10/Sep/2015

A consultant can really do whatever they want, however, many countries do regulate on who can dispense financial advice on a professional basis.

Investment advice is more regulated. However, what you cite above, can be done, if a consultant is in this business.