These days, you'd be hard-pressed to find an business that isn't advertising on social media. But when it comes to financial service providers, social media marketing can become a double-edged sword, ...

“Being present [and social] has become a notable problem as social media and new technology have evolved,” according to Dr. Brian Harke, Dean of Students at the University of Southern California.

The ban stems from amendments to the Online Safety Act 2021, which established a minimum age of 16 for users of social media. Rather than naming specific platforms, the law defines “age-restricted ...