My big boss Christopher Tan shared his comments regarding the emergence of “Finfluencers”, whether they pose a threat to the financial industry and whether they should be regulated in this Today’s article: Emergency of ‘finfluencers’ helps raise awareness about finance, but license advisers question knowledge, partiality of some >> The papers usually take a portion of your viewpoint, and some might be taken out of context. So here is what Chris said in full:

1. What are your views on financial influencers?

In my view, the advent of financial influencers has raised the general financial and investment literacy of the general public. In this regard, this is a good thing. But at the same time, there is also a possibility that some financial influencers may not have deep enough financial knowledge or experience and end up advocating certain personal philosophies and financial products that may not be sound or backed...