London, June 5, 2025 (AFP) - UK regulator leads crackdown on 'finfluencers'

NAMPA / AFP

2025-06-06

Market regulators from six countries are cracking down on the illegal promotion of financial products by influencers on social media, UK officials said Friday. Britain's Financial Conduct Authority (FCA) said the action, which began on Monday, has resulted in three arrests in the UK and the authorisation of criminal proceedings against three individuals. Some 50 "warning letters" have also been issued, which will result in more than 650 requests......

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