WebDec 21, 2024 · Investment experts on social media, known in Dutch by the portmanteau finfluencers, are often lacking in independence and neutrality, warned the Dutch Authority for the Financial Markets (AFM). It is often not clear how they choose to promote investment products and why, when they take part in podcasts and blogs, or post on platforms like …
Finfluencers’ bid early goodbye after private ASIC briefing
WebDec 21, 2024 · According to the AFM, the average finfluencer has around 11,000 followers. The AFM’s study was prompted by the fact that this finfluencing is a relatively new and … WebRenew Your Current Membership >> Here. By joining AFM you are joining the largest union of musicians in the world. Don’t go it alone—join 80,000 musicians throughout the United … malonot s.r.o
AFM reminds ‘finfluencers’ of the applicable rules
WebNov 19, 2024 · The 'finfluencer' has grabbed eyeballs lately with her quirky reels on Instagram. She says, the bull-run may or may not continue from here on but is confident that the market will continue to march north in the long term. “Tata motors was at 300 levels about 2 months back; it was continuously rising and most investors were waiting for the dip. WebThe AFM advises caution when it comes to trading in cryptos, due to their high price volatility and the high risk of falling victim to deception, fraud and manipulation. As a … The AFM has contacted known finfluencers to provide a clear explanation of the rules that apply to them and with which they must comply. The AFM has also reminded investment firms that referral fees are not permitted, as this is a violation of the Dutch ban on inducements. The activities of finfluencers will continue to … See more Many finfluencers post a disclaimer stating that they do not give financial advice. The provision of financial advice is not permitted without a licence from the AFM. Nevertheless, some still do this, for example in Q&A … See more There are a few finfluencers who post neutrally. Usually, they focus on their own experiences and have a personal interest as well. Some sell training courses and self-authored books, or access to a restricted online … See more Some finfluencers promote investment firms that offer highly risky products such as CFDs, forex and cryptocurrencies. In some cases, this … See more malon michel