Regulators set to slap hot top dip tips

Regulators set to slap hot top dip tips
Here’s a top dip tip: buy the dip but not at the top. (Image: Getty)
David Chaplin
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...

More Finance

FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.

Govt eagle-eyed on ComCom interchange fees decision
Finance

Govt eagle-eyed on ComCom interchange fees decision

Open banking depends on sustainable interchange fees, Minister Scott Simpson says.

Pattrick Smellie 11 Apr 2025