'Finfluencers' could face up to 5 years in prison if they provide financial advice without a license, Australian government says

Australia's hugely popular financial influencers — or "finfluencers" — could be jailed for up to five years if they continue giving financial advice to their followers without a license. That's according to an information sheet issued last month by the country's corporate watchdog, the Australian Securities and Investments Commission.
Read more: https://www.insider.com/australian-finance-influencers-face-up-to-5-years-jail-crackdown-2022-4?source=Snapzu