UK regulator warns of 'risky' trading tips by TikTok influencers

The UK's Financial Conduct Authority said investors should be wary of any advice on TikTok "promising high-return investments". Several influencers on TikTok have also been encouraging people to buy shares in GameStop, BlackBerry and AMC and also to invest in Dogecoin, reported BBC. "There are risks with taking unregulated investment advice," the FCA said.