In a major regulatory move, the Securities and Exchange Board of India (Sebi) has removed over 15,000 content sites run by unregulated financial influencers in the past three months. This crackdown is part of Sebi’s broader initiative to safeguard investors and curb misleading financial advice from unauthorized sources.
Kamlesh Varshney, a Sebi wholetime member, emphasized the regulator’s…
In India, private banks are increasingly turning to social media influencers to promote their products, but they are proceeding with caution in light of recent regulatory developments. The Securities and Exchange Board of India (SEBI) has prohibited regulated entities from associating with financial influencers who are not registered with the market regulator. Financial influencers, or…
