- CySEC has launched an investor protection campaign warning about the risks of financial influencers on social media platforms.
- The campaign includes an official warning, Investor Guide, and social media posts to educate the public about misleading financial advice.
The Cyprus Securities and Exchange Commission (CySEC) has launched a new investor protection campaign addressing the growing impact of financial influencers or “finfluencers” on markets.
The initiative includes an official warning, an Investor Guide, and social media posts to raise public awareness. CySEC warned that individuals providing financial advice through social media may be violating EU Market Abuse Regulation, urging investors to be cautious.
Chairman Dr. George Theocharidis emphasized the risks posed by misleading information from unauthorized advisers, stressing the need for critical evaluation of online financial content.
