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SEC Sues Fundrise for Paying 200 Social Media Influencers to Solicit Clients

The US Securities watchdog has accused Fundrise Advisors, LLC, of violating the country’s cash solicitation rules by paying over 200 social media influencers and online newsletter publishers to solicit clients for its investment platform. The Securities and Exchange Commission (SEC) announced today (Tuesday) that the Washington-based investment advisor did not require the influencers to provide customers “with certain disclosures” required by the law. SEC Slams Investment AdviserSpecifically, SE... Read More

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Sues

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Social

Media

Influencers

Solicit

Clients

Forex

Posted: Aug 22 2023, 21:50

Author Name: financemagnates

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