Calls for online finance-related content to be regulated are growing, amid an increasing number of so-called financial influencers, or "finfluencers".
Even though the central bank has received an average of fewer than five complaints every year against finfluencers, authorities say that finfluencers, must be licensed and regulated if they provide financial advice.
So, how should finfluencers be regulated?
On this episode of Morning Shot, Sumit Agarwal, Professor of Finance, Economics and Real Estate at the NUS Business School shares his insights.
Presented by: Audrey Siek
Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)