Is it legal to sell stock market predictions online?
I have built an AI which predicts the day's closing price given the stock's history and current open price, and I have also built a website around it. My question is if there are any legal issues that may arise from selling these predictions and if there is any way around them. I know that there is something about becoming an RIA (Registered Investment Advisor) or something for non-opinionated stock price sharing, but I cannot quite wrap my head around it. If it helps I plan on giving non-S&P 500 symbol predictions out for free and charging $9.99 for all symbols + tools. There would also be an option to get a 40% discount for referrals.