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‘Don’t believe the hype’: ASIC warns of risks for new market participants

ASIC has expressed concern that inexperienced or uninformed investors are putting their capital at unnecessary risk when tempted into the market by questionable marketing strategies from market promoters.

‘Don’t believe the hype’: ASIC warns of risks for new market participants
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‘Don’t believe the hype’: ASIC warns of risks for new market participants

In an interview with ABC Melbourne Drive, ASIC COO Warren Day revealed how these strategies are designed to part investors with their money, without giving enough consideration to risks involved.

Read more at Nestegg.

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