UK regulator leads crackdown on 'finfluencers' |...

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UK regulator leads crackdown on 'finfluencers'

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A multinational crackdown on financial influencers illegally promoting products on social media is underway, led by regulators from six countries. The UK's FCA has already made arrests and initiated criminal proceedings. Authorities are issuing warnings, removing unauthorized content, and interviewing influencers to ensure responsible promotion of financial products and adherence to regulations.

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