7 News
·general
·1 hour ago
ASIC warns finfluencers over unlicensed financial advice amid consumer risks
The Australian Securities and Investments Commission warned four finfluencers for providing unlicensed financial advice on social media. Research shows over 60 percent of Australians aged 18 to 28 seek financial guidance from such influencers, despite the risks involved. ASIC is collaborating with 16 global regulators to combat misleading financial promotions and protect consumers.
Summary by Glance · 7 News
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