This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. For three years from early 2020, M1 embarked on a massive ...

Finra slapped online brokerage firm M1 Finance with an $850,000 fine for violations related to its social media influencer program. In its first formal enforcement action against a firm over its ...

Robo-advisor and online brokerage firm M1 Finance allegedly paid more than $2.75 million to social media influencers to promote the firm to their followers. The three-year effort brought in more than ...

FINRA announced that it has fined M1 Finance LLC $850,000 for social media posts made by influencers on the firm’s behalf that were not fair or balanced, or contained exaggerated, unwarranted, ...