(These investment schemes were alerted to me by some of my readers, who requested for this blog post to be written for greater awareness and that hopefully, this reaches and helps to inform more people.)

Is it legal, or ethical, for influencers to peddle and push out investment schemes in Singapore?

I've been seeing Instagram influencers pushing out investment opportunities, promoting it to their followers and asking them to direct message them for more details. As a bystander, what more a blogger who writes about personal finance, this makes me extremely uncomfortable.



Let's look at this forex investment case which a reader came to ask me about because she was keen on investing (yep, she got "influenced"). I gave her my honest opinion, which was that forex is highly volatile and ......