Regulators set to slap hot top dip tips

Here’s a top dip tip: buy the dip but not at the top. (Image: Getty)

Wed, 30 Mar 2022

Here’s a top dip tip: buy the dip but not at the top. I read it online somewhere, probably on Reddit, so it must be true-ish.But according to a new International Organization of Securities Commissions' (IOSCO) consultation document, financial advice “given on social media is often unlicensed and/or exposed retail investors to risks”.Unbelievable!IOSCO notes its members (almost all of the world’s financial markets regulators) are generally downbeat about “the impact of social media on retail investor behaviour a...

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