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Tech companies urged to tackle promotion of unauthorized financial ads

( May 28, 2025, 15:27 GMT | Official Statement) -- MLex Summary: Tech companies including X, Meta Platforms and TikTok were urged today by the European Securities and Markets Authority to actively prevent the promotion of unauthorized financial services. The EU’s financial markets regulator wrote to several big social media and platform companies, saying that the increasing spread of online scams targeting retail investors "poses a serious risk" to investors and society.Statement follows....

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