Hong Kong SFC joins global regulatory effort to curb activities of unaccredited financial influencers

PANews reported on June 6 that the Securities and Futures Commission of Hong Kong is working with regulators around the world to curb the activities of illegal financial influencers. These financial influencers illegally sell financial products or services, putting millions of social media users at risk. SFC CEO and Chairman of the Asia-Pacific Committee of the International Organization of Securities Commissions, Fung-yee Leung, said: "As part of our educational work, we must emphasize the importance of personal responsibility. Investors should be their first line of defense and verify the regulatory status and credibility of financial influencers before making any investment, carefully evaluate the investment views they share, and thoroughly verify the authenticity of the information."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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