Finfluencers pose a challenge for regulatory oversight

IOSCO points to their growing reach, which in turn is leading to concerns about conflicts of interest, fraud and unsuitable recommendations.

Finfluencers are generally understood to be individuals who share investment-related content on social media. They “wield considerable influence over their followers’ attitudes and decisions”, a phenomenon most closely associated with a younger audience who obtain a significant amount of their information online and are comfortable establishing relationships with social media

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