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Millennials are most at risk for fraud with fintech products, regulators say

( February 20, 2018, 16:42 GMT | Official Statement) -- MLex Summary: A survey of regulators by the North American Securities Administrators Association shows that millennials are most at risk for fraud in the wake of developments in financial technology. The survey says millennials are most likely to use financial technology products and are most at risk for fraud from fintech products. Products with initial coin offerings and cryptocurrencies were most commonly identified as high risk, while robo-advising products were least commonly identified as high risk, the survey said.Statement follows below:...

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