US EditionESMA Pressures Social Media Firms To Crack Down On Unauthorised Financial Promotions - FinanceFeeds
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ESMA Pressures Social Media Firms To Crack Down On Unauthorised Financial Promotions - FinanceFeeds
The European Securities and Markets Authority has written to major tech companies including X, Meta, TikTok, Alphabet, Telegram, Snap, Amazon, Apple, Google, and Reddit, urging them to strengthen measures against the promotion of unauthorised financial services on their platforms. The letter to X Internet Unlimited Company, dated 28 May 2025 and signed by ESMA Chair Verena Ross, outlines growing concerns over online scams that target retail inve…
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