FINRA Hits Another BD in Finfluencers Sweep

News April 05, 2024 at 01:24 PM
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What You Need To Know

  • Cobra Trading paid individuals with followers on social media sites to promote the company.
  • Posts on the firm's behalf were not fair and balanced, the regulator says.
  • The broker-dealer, based near Dallas, was ordered to pay a $200,000 penalty.
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