Are Finfluencers Regulated? Changing Finance for Good? [Chills 206 ft David Wu & ​⁠Sethisfy

Dive into the recent controversy around financial influencers and regulation in Singapore with guests:

- David Wu, Minimalist in the City / Financial Coach - financial advisor and minimalism blogger

- Seth from Sethisfy.com - financial content creator

Highlights:

- What really happened behind the headlines?

- The blurry lines between financial advice and education

- The unique challenges faced by financial content creators

- Where do finfluencers fit in Singapore's financial ecosystem?

This candid discussion offers insider perspectives on the financial content creation space, regulatory considerations, and what it means for consumers. Tune in for an engaging conversation that goes beyond the headlines.

02:05 - Could you provide an overview of the incident that has brought the issue of finfluencer regulation into discussion?

15:34 - What defines financial advice for finfluencers, and how should they be regulated fairly?

20:24 - Should finfluencers be held to the same regulatory standards as financial advisors?

35:13 - Should lifestyle influencers who promote financial products be held to the same standards as dedicated financial influencers?

39:49 - Should a finfluencer’s personal opinion be considered regulated financial advice?

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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

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