UK watchdog interviews 20 social media ‘finfluencers’ under caution

People interviewed voluntarily as FCA sees to clamp down on unlawful touting of financial services productsBritain’s financial watchdog has interviewed 20 social media influencers under caution, as it clamps down on “finfluencers” who may be touting financial services products illegally.The 20 were interviewed voluntarily using the Financial Conduct Authority’s criminal powers. Potential penalties include fines and imprisonment of up to two years. Continue reading...