Social media playing increasingly significant role in younger investors’ decisions: AMF study
Younger investors and clients of neo-brokers are more responsive to information shared on social media.
finfluencer
FCA touts results of Finfluencer crackdown
The FCA led an international crackdown on illegal Finfluencer promotions – resulting in 3 arrests and 650 social media takedown requests.
HK watchdog submits 12 reports concerning 33 suspicious finfluencer posts or accounts to social media
The Hong Kong Securities and Futures Commission (SFC) has joined forces with securities regulators across the globe to tackle the unlawful activities of finfluencers.
FCA makes 120 account takedown requests to social media platforms hosting illegal finfluencer content
The UK Financial Conduct Authority (FCA) has led international action to stop illegal finfluencers putting consumers’ money at risk.
ASIC continues Finfluencer crackdown alongside global regulators
ASIC has commenced a review of several AFS licensees and their supervision of 15 finfluencers operating under their licences.
Southwark Crown Court sentences seven influencers for promotions of unauthorized FX trading scheme
Seven social media influencers have been sentenced at Southwark Crown Court for their role in the promotion of an unauthorised Forex trading scheme.
Finfluencer sentenced to six weeks’ imprisonment in Hong Kong
The SFC has secured the first custodial sentence against finfluencer for provision of paid investment advice on social media chat group without licence.
FCA warns CFDs traders of high-pressure techniques to be labelled professional clients
The FCA said that brokerage firms must not push elective professional or redirection promotions onto their retail clients.
Three finfluencers charged with illegal promotions make first court appearance
Charles Hunter, Kayan Kalipha and Luke Desmaris appeared before Westminster Magistrates’ Court.
Austria FMA to hold “dialogue” with Finfluencers
The FMA has invited Austrian Finfluencers to Vienna for the first time to enter into dialogue with their community.
