Kim Kardashian has agreed to pay a $1.26 settlement to the SEC for not disclosing that she was paid $250,000 to tout a crypto asset on her Instragram account. However, the rules that she violated are equally applicable to other issuers, including real estate fund sponsors.
Read MoreIndividual orchestra musicians aren’t considered responsible for a musical composition or interpretation, even if the musicians, themselves believe them to be lacking. That responsibility lies with the composer or conductor who created it. The same may not be true with securities. People who relay inaccurate information they did not author now may be held responsible for securities fraud.
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