SEC: Van Eck to pay $1.75m fine for failing to disclose ‘finfluencer’ involvement

The ETF manager agreed to settle an SEC investigation into a social media influencer’s role in promoting a fund it launched in 2021.

Investment adviser Van Eck Associates Corporation has agreed to pay a $1.75m fine to settle SEC charges (without admitting or denying the charge) that it had failed to disclose a social media influencer’s role in the launch of its VanEckSocial Sentiment ETF back in March 2021.

The ETF trades on the

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