In general, celebrities and influencers are typically most beneficial when others are telling them what to do and how to act. Otherwise, they really should be ignored. This is even more important when it comes to policy and financial advice. Well, the UK Financial Conduct… Read More
Read more in: Global, Politics, Legal & Regulation | Tagged fca, Finfluencers, uk, united kingdom
In a meeting today, the Securities and Exchange Commission’s Investor Advisory Committee (IAC) published draft recommendations regarding the rise of “Finluencers”—individuals who may promote securities offerings on social media. While the IAC may submit recommendations to the Commission, there is no requirement for the SEC… Read More
Read more in: Politics, Legal & Regulation | Tagged Finfluencers, iac, sec
The Financial Conduct Authority (FCA) is intensifying its efforts to curb illegal activities by financial influencers, commonly known as “finfluencers“, who may be promoting financial services unlawfully. As part of a targeted crackdown, the regulator has issued 38 alerts against social media accounts run by… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged fca, financial conduct authority, Finfluencers, uk, united kingdom
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