By PAUL O’DONOGHUE, Senior Correspondent
THE UK’s Financial Conduct Authority (FCA) has called on Big Tech firms to do more to stop so-called finfluencers from promoting illegal financial schemes.
Lucy Castledine, director of consumer investments at the FCA, told a committee of UK MPs that many “finfluencers” simply switch accounts after takedowns. “We can’t have that content popping up 12 hours later,” she told the the House of Commons Treasury select committee. “That is the big call to action.”
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