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Do brokers have any obligation to monitor the performance of investments they sell? |
Brokers are under no obligation to monitor the performance of investments that they sell to you; as long as the investment was good at the time you purchased it, they are under no legal obligation to follow that investment or plot its course for you (although many do advise the best time to buy or sell). You must determine when to buy and sell, even if you use a broker or adviser.