In A Big Move, SEBI Bars Registered Entities From Dealing With Unregistered Finfluencers

#businessnews #SEBIRules #Finfluencers #financialregulations #investorprotection
The Securities and Exchange Board of India (SEBI) has set ground rules for unregistered financial influencers, or 'finfluencers,' prohibiting regulated entities from dealing with them. This move marks a significant step in protecting investors from misleading financial advice and ensuring that all financial influencers operate within a regulated framework. "Entities regulated by SEBI and their agents are prohibited from associating, directly or indirectly, with any individual or entity that offers financial advice or makes performance claims without SEBI’s permission. This includes any form of monetary transactions, client referrals, or IT system interactions”, says the new SEBI rules. The responsibility lies with the registered entities to ensure their associates do not engage in such prohibited activities. Finfluencers, who provide advice on topics like investing, personal finance, and real estate through digital platforms, have gained significant influence over their followers’ financial decisions.
#NSE #BSE #Nifty #Sebi #MarketsRegulator #StockExchanges #StockToWatch #StockToBuy #StockMarket #ShareMarket
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website: www.businessto...
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook: / businesstoday
twitter: / business_today
Instagram: / business_today

[@MANISHKUMAR-dn1uo]

Bada bussiness by Vivek bindra is one of them who is making fool to public.

[@RajinderSharma-xo3vv]

Can you please explain

[@sharad7340]

​@@RajinderSharma-xo3vv its biggest fraud

[@gauravraj7002]

correct step take. lot of people are making unlawful gains in deceitful manner.

[@SueU-x9u]

If those companies want - tell them to hire them and ensure to get certified and register with sebi through the company.

[@vikramsingh1795]

A welcome initiative by SEBI

[@hometypist1966]

But the moot question is
1. Why SEBI is not giving out the names and RUclips, Telegram and Instagram Inflencers so that the investors come to know.
2. If not, what use

[@ssett007]

Great decision...

[@JGG99]

Ban youtubers also. Every fool is making nonsense. Beginners are losing a lot by them.

[@mandarp9472]

In United States one can buy fractional shares.

[@narayanvengurlekar3069]

Fractional shares would be good for small traders

[@girishsahni]

#sebi must declare MF's as finfluencers.

[@manojm5747]

Fractional shares create confusions. Better not to introduce in India.