SEBI is preparing guidelines targeting unregistered financial influencers

Financial influencers, often known as “finfluencers,” who offer stock investor advice on various social media platforms are the subject of guidelines being developed by SEBI.

This comes after SEBI observed a sharp increase in the variety of “unregistered” investment advisors who provide unsolicited social media “stock” suggestions on a variety of platforms.

[ Via]

Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter