VanEck Pays SEC $1.75M Over Influencer Role In ETF Launch

[Gunnar Larson]

VanEck Pays SEC $1.75M Over Influencer Role In ETF Launch
<https://www.law360.com/capitalmarkets/articles/1803876?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-20&read_main=1&nlsidx=0&nlaidx=5>

By Aislinn Keely

Financial product issuer VanEck agreed to pay the U.S. Securities and
Exchange Commission a $1.75 million penalty over allegations it failed to
disclose how it paid influencer Dave Portnoy to boost the launch of its
social media-tied fund to the product's board.

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