'Finfluencers' to come under regulatory purview soon
India Business News: The rise of financial influencers - who charge as high as Rs 7.5 lakh for a post on social media - introduced a new way for people to access and inter
Source: indiatimes.com
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Daily Voice | This investment adviser expects India to remain top investor pick among emerging markets
Factors like political stability, favourable demographics and regulatory initiatives are making India a compelling story, says Sonam Srivastava of Wright Research
Source: moneycontrol.com
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.
Source: indiatimes.com
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.
Source: moneycontrol.com
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.
Source: indiatimes.com