February 7, 2025
SEC Slaps VanEck Associates with $1.75M Fine for Concealing Influencer in ETF Launch

The Securities and Exchange Commission (SEC) has
charged VanEck Associates Corporation for concealing a social media
influencer’s role in the launch of its new exchange-traded fund (ETF). In March 2021, Van Eck introduced the VanEck Social
Sentiment ETF (NYSE:BUZZ), designed to track an index based on positive
insights from social media and other data sources…
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