InvestorsHub Logo
Followers 171
Posts 20505
Boards Moderated 5
Alias Born 09/06/2010

Re: janice shell post# 219875

Monday, 03/18/2024 5:46:08 PM

Monday, March 18, 2024 5:46:08 PM

Post# of 220816
I don't know about RH, but I believe other financial institutions did the same thing. They might also be in line for punishment, as it was all the rage during COVID to pay "influencers" for advertising. This case was not that much of an outlier.

As you know, the Feds charged a number of crypto related businesses for doing this, and the crypto influencers who failed to disclose their compensation. This action seems to signal the regulators are moving on to other financial areas. Such a clean up is overdue.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.