The new standards proposed by BrightScope and Spaulding, however, don't prohibit advisers from using representative, model or backtested portfolios.
WSJ: The Intelligent Investor: New Ways to Weigh Your Adviser
This is very much the way certain kinds of machine intelligence systems work (including ExpertMaker which I have covered) where representative examples are used to model much larger populations.
FORBES: Will Facebook Use Lookalikes To Remake Your News Feed Today?
Representative EMMANUEL: That's the business model of Wal-Mart.
NPR: Democrats to Push for Medicare Changes
The new model was in turn applied to four different and representative coastal areas (in Vietnam and Australia).
UNESCO: Biodiversity Initiative
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