ASIC cracks down on unlicensed financial advice from social media influencers
  • 2 years ago
The popularity of 'finfluencers' - social media creators who talk about money and investing - has surged during the pandemic. Now, the corporate regulator ASIC is cracking down on finfluencers operating without a financial services licence. It says that those who don't get one, face five years imprisonment or a $1 million fire.
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