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> The conflict of interest is probably more actionable but the official role could make him subject to being an insider. What? No. Kardashian was fined because
by unityByFreedom 4y ago
> The conflict of interest is probably more actionable but the official role could make him subject to being an insider.
What? No. Kardashian was fined because she advertised crypto without disclosing she was paid for the ad. Presumably these celebrities already made those disclosures, or it's understood since everyone knows TV ads are paid.
- hervature 4y agoAs far as I know, people do not have to disclose payment for TV ads because that would make TV advertising dead. Rather, I'm thinking more from the perspective that getting the CEO of a company (unbeknownst to the viewers) to pump up the company without saying they are a substantial insider is the problematic part. The issue is not failing to disclose payment but failing to disclose that your true relationship.