HomeStock MarketSEBI is developing guidelines to control financial social media influencers.

SEBI is developing guidelines to control financial social media influencers.

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  • According to a senior official, the Securities and Exchange Board of India (SEBI) is developing guidelines to control the expanding community of financial influencers who provide advise to investors on social media.
  • Financial advisors are required by SEBI to register as investment advisers.
  • Influencers and famous people violated the law 415 times in FY22 when creating content about finance and cryptocurrencies.

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