A brokerage app hired an army of 1,700 influencers and misled investors on social media, regulators say

Regulators are taking aim at misleading investing advice on social media: Brokerage app M1 Finance just got fined $850,000 for hiring an army of influencers that advertised false claims about the company. FINRA, a government-sponsored nonprofit overseen by the SEC that regulates the public…#m1finance #finra #billstlouis #welcomeguide #tiktok #gilolivera #m1finances #genzers
Source: Reuters: Health - Category: Consumer Health News Source Type: news