Submitted on Monday 15th August 2022
Rejected on Wednesday 17th August 2022
Current status: Rejected
Rejection code: irrelevant (see below for details)
Regulate online content creators who give personal financial advice
Require an obtrusive mandatory notice to be visible at all times whilst viewing the content. E.g. Banner across the screen stating: "This creator is not financially trained. For financial advice, contact your local IFA" (or similar).
Apply to all online videos and written content.
Protect the public from making disastrous financial decisions.
Do this by ensuring the consumer is aware that any advice being presented in the content piece should be ignored.
Currently, creators state "this is not financial advice" to absolve themselves of liability. Then proceed to present information which can only be interpreted as financial advice. This is not acceptable.
Regulation is required to protect the public from making financial decisions that can be irrecoverably damaging.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. This is a matter for the Financial Conduct Authority, who you can contact here
www.handbook.fca.org.uk/contact-us
18.118.166.51 Sat, 16 Nov 2024 01:23:18 +0000
