FinTok and ‘finfluencers’ are on the rise: 3 tips to assess if their advice has value

audience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.audience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to audience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come nex

Other financial advice is regulat
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five year

Qualifying for a licence requires completing courses and passing exams, including on ethic

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to be discloseaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to beaudience by making sensational claims about their advice, promising huge returns and even pushing dud products.

Read more: GameStop: how Redditors played hedge funds for billions (and what might come next)

Other financial advice is regulated
The Australian Securities and Investments Commission says complaints about unlicensed financial advice, including through social media, have been escalating since March 2020 – the beginning of the COVID-19 pandemc. The corporate regulator has expressed its concern about such advice because consumers lack any legal protection.

In Australia (as elsewhere), there are laws regulating the conduct of those running financial advice businesses. Advisers must be licensed. Touting yourself as a financial adviser without a licence can lead to a fine up to A$133,200 and a prison sentence of up to five years.

Qualifying for a licence requires completing courses and passing exams, including on ethics.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to be disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed. disclosed.d.s.s..edt) disclosed.

To become a finfluencer, on the other hand, requires no specific expertise whatsoever. At most content creators are bound by general rules against false and misleading claims, platform guidelines and marketing codes of practice requiring paid partnerships to be disclosed. disclosed. disclosed. disclosed. disclosed.