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Sebi to curb finfluencers to help investors get accurate, unbiased info

Sebi to curb finfluencers to help investors get accurate, unbiased info
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Sebi curb on finfluencers: Sebi to curb finfluencers to help investors get accurate, unbiased information

Moves proposed by Sebi last month not only ensure that investors receive accurate and unbiased information but also help in preserving authenticity and reducing fraud, Anand Rathi Wealth Deputy CEO Feroz Azeez told PTI.

SEBI to curb finfluencers to help investors get accurate, unbiased info

Under the proposal, finfluencers need to be registered with SEBI and adhere to specific guidelines. Also, it has been proposed to ban unregistered finfluencers from partnering with mutual funds and stockbrokers for promotional activities.

rocket: Sebi to curb finfluencers to help investors get accurate, unbiased info

While many finfluencers provide valuable insights, there has been a growing concern over the potential risks associated with unregulated finfluencers who might offer biased or misleading advice. They usually work on a commission-based model.

Sebi To Curb Finfluencers To Help Investors Get Accurate, Unbiased Info

Sebi To Curb Finfluencers To Help Investors Get Accurate, Unbiased Info
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