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Trading platforms offer cash vouchers for 'high-risk' investments, watchdog says

World 1 source 1 country 🔦 Under-reported 27m ago

A recent review conducted by financial regulators examined nine online trading companies operating in Australia and found that several platforms are utilizing cash vouchers to encourage users to engage in complex and high-risk investments.

The watchdog's findings indicate that these promotional tactics drive retail investors toward sophisticated financial products, significantly increasing their exposure to the potential for major financial losses.

In-depth summary · AI, neutral
Read the full story at the source ABC News (AU) · AU
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