Is SEBI's Move To Rein in Fake Gurus Designed To Ring Fence Itself and Referral-driven Brokers?
After losses inflicted by fraud and mis-selling due to the Finfluencers-Trainer-Referral model has led to a furore on social media, the market regulator has stirred into action – much like the police in Hindi movies of the 1980s.
Source: moneylife.in