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Indian regulator considers banning collaboration between finfluencers and regulated entities

  • Securities and Exchange Board of India (SEBI) has proposed a ban on interactions between regulated entities and unregistered finfluencers.
  • The move seeks to prevent finfluencers from encouraging purchases that result in undisclosed compensations.
  • The proposal could limit revenue sources for unregistered finfluencers, prompting them to become registered Investment Advisers or Research Analysts.
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