Rejected petition 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.

More details

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.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

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

https://www.handbook.fca.org.uk/contact-us

We only reject petitions that don’t meet the petition standards.

Date submitted 15 August 2022
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