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Ravi Handa

Early Retiree | Fina... • 5m

Are companies allowed to send such messages? Isn't this a violation of some SEBI / AMFI guideline? Also, not sure if it is good advice. Just the fact that a fund is 12.38% below its all time high cannot be the basis of a recommendation. There has

Ronak Patel

Here you go! • 5m

CA Jasmeet Singh would like to know the answer from you. Enlighten us🙌

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CA Jasmeet Singh

In God We Trust, The... • 5m

Thank you for having your trust invested with me brother. Here is the answer:- ✓ According to the recent sebi guidelines anyone providing professional investment advice or recommendations must be registered with SEBI as an Investment Adviser or Research Analyst. ✓ Unregistered individuals or entities are not allowed to provide investment advice or influence others to buy securities for compensation. ✓ Influencers must not use unpublished price-sensitive information to recommend stocks or mutual funds. This is governed by the SEBI (Prohibition of Insider Trading) Regulations, 2015. ✓ Also in 2023, SEBI issued a consultation paper proposing stricter regulations for fin-fluencers to ensure transparency and accountability. All the above statements prove that this is surely the violation of SEBI guidelines.

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