Securities and Exchange Board of India
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Why is SEBI Tightening Norms for Finfluencers?
The Securities and Exchange Board of India (SEBI) is tightening regulations for ‘finfluencers’ – individuals who use social media to offer financial advice – to protect investors from misinformation. The new norms involve stricter disclosure requirements and aim to minimize conflicts of interest, by requiring finfluencers to reveal any financial associations with products or services they promote. While not intending…