ASIC's new power removes 14,000 scam ads - here's what traders need to know
Key Points
- ASIC can now remove investment scam ads from social media, h...
Australian Securities and Investments Commission just got the digital equivalent of a really good spam filter - and it's about time. The regulator can now yank investment scam advertisements straight off social media platforms, adding to their already impressive track record of shutting down over 14,000 fraudulent websites in just two years.
The Youth Are Getting Scammed (And It's Not Just Their Dating Lives)
Here's the uncomfortable truth: investors aged 18 to 45 are turning to social media for financial advice at alarming rates. It's like asking your bartender for heart surgery recomme...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.