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SEBI Plans Rules for Unregistered Finfluencers

StartupTalkyStartupTalky · 6m
SEBI Plans Rules for Unregistered Finfluencers

The Securities and Exchange Board of India (SEBI) is considering implementing guidelines to regulate financial influencers, or "finfluencers," who provide investment advice and financial information on platforms like Instagram and YouTube. SEBI aims to bring transparency and accountability to the financial services space by ensuring that finfluencers disclose any paid promotions or connections to the products they endorse, adhere to regulations, provide accurate information, and prioritize financial education. Adjudicating the definition of finfluencers and addressing legal challenges present potential obstacles to effective enforcement. This move comes as the popularity and influence of finfluencers continue to grow.

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Anirban Roy
Anirban RoyEarn. Sustain. Invest.....

Looks like a great idea

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1
6 months ago

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