SEC Slams Fundrise for Soliciting Clients through 200 Social Media Influencers
The US Securities watchdog has accused Fundrise Advisors, LLC, of violating the country’s cash solicitation rules by paying over 200 social media influencers and online newsletter publishers to solicit clients for its investment platform. The Securities and Exchange Commission (SEC) announced today (Tuesday) that the Washington-based investment advisor did not require the influencers to provide...
