The financial regulator ASIC is putting ‘finfluencers’ on notice, having already issued warnings to four online influencers for giving unlawful financial advice.
ASIC Commissioner Alan Kirkland says finfluencers tend to promise better-than-average returns, and show off a luxury lifestyle.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-04-24/asic-finfluencer-social-media-crackdown/106597964
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.
For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia
