SEBI Mandates Social Media Disclosures For Investment Advisors
India's securities and commodities market regulator, the Securities and Exchange Board of India (SEBI), has mandated that investment advisors (IAs) disclose their social media presence twice a year to the Investment Advisers Administration and Supervisory Body (IAASB). Advisors must disclose their accounts, pages, channels, and other social media details on platforms like Facebook and Twitter. This move aims to increase transparency and regulate the activities of IAs on social media. SEBI has been increasing its vigilance on social media to protect investors from unverified or unsolicited advice.