Page 42 - 期货和衍生品行业监管动态（2024年5月）
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期货和衍生品行业监管动态
‘Finfluencers’ Charged for Promoting Unauthorised Trading Scheme
(2024/5/16)
The FCA has brought charges against nine individuals in relation to an
unauthorised foreign exchange trading scheme promoted on social media.
Emmanuel Nwanze has been charged with running an unauthorised investment
scheme and issuing unauthorised financial promotions.
The FCA alleges that, between 19 May 2018 and 13 April 2021, Mr Nwanze and
Holly Thompson used an Instagram account (@holly_fxtrends) to provide advice on
buying and selling contracts for difference (CFDs) when they were not authorised to
do so.
CFDs are a high-risk investment product used to bet on the price of an asset, in
this case the price of foreign currencies.
The FCA also alleges that Mr Nwanze paid Biggs Chris, Jamie Clayton, Lauren
Goodger, Rebecca Gormley, Yazmin Oukhellou, Scott Timlin and Eva Zapico to
promote the @holly_fxtrends Instagram account to their millions of Instagram
followers.
Ms Thompson, Mr Chris, Mr Clayton, Ms Goodger, Ms Gormley, Ms Oukhellou,
Mr Timlin and Ms Zapico each face one count of issuing unauthorised
communications of financial promotions.
The defendants will appear before Westminster Magistrates' Court on 13 June
2024.
https://www.fca.org.uk/news/press-releases/finfluencers-charged-promoting-unauthori
sed-trading-scheme
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