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Letter to FCA & AIM Regulation re social media promoters paid in shares, ramping, pumping & dumping

By Tom Winnifrith | Sunday 27 March 2022


 


I have, today, written to both the FCA and the oxymorons at AIM Regulation, on, what seems to me, sure-fire market abuse. The original letter names two AIM Companies and one “social media influencer” (I have redacted the names below). But I understand that the problem is not confined to these two companies and one “social media influencer”, and I am urging the authorities to work together on tackling what seems a growing issue.

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