News | 05.10.19
SEC, FINRA Warn Investors Not to Base Stock Decisions on Social Sentiment
The SEC and FINRA are warning investors about using social media data to make investment decisions. In recent years, companies like TickerTags, Social Market Analytics, and LikeFolio have launched to turn the massive amounts of data on social media into investment research. In an investor alert, the regulators said that data provided by the tools these companies offer can be inaccurate, incomplete, or misleading.
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