😬📉🙊 Finance can often be seen as dry and unexciting, right?
Twitter and StockTwits users will know that emojis have brought a fun and lighthearted touch to the industry.
But, beware. U.S. District Judge Victor Marrero recently ruled that the use of emojis in finance can no longer be just a fun addition; they're a legitimate form of financial advice. Let’s back up.On Feb. 22, Judge Marrero ruled that the use of certain emojis in the context of finance objectively mean one thing: a financial return on investment.
Specifically, the "rocket ship" 🚀 emoji, "stock chart" 📈 emoji, and "money bags" 💰 emoji were deemed to be indicative of an investment opportunity.
While the SEC hasn’t officially ruled the use of certain emoji’s are a form of financial advice, Former SEC Branch Chief Lisa Braganca said that “users of these emojis are hereby warned of the legal consequence of their use.”
This ruling came about as part of a larger case involving Dapper Labs and their offering of NBA To...
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