The Financial Conduct Authority (FCA) has ordered investment platform Freetrade to remove all paid-for social media posts, the latest development in the ongoing social media influencing investors saga.
The decision comes after an influencer paid by the firm suggested customers in debt could use the platform to make money.
The FCA issued a second supervisory note this week (08/02/22) in which it stated all financial promotions authorised by the firm must be “fair, clear and...
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