Taxmann's Analysis | SEBI Cracks Down on Unregistered Finfluencers – New Rules to Protect Investors

Taxmann's Analysis | SEBI Cracks Down on Unregistered Finfluencers – New Rules to Protect Investors
Author: Taxmann
Publisher: Taxmann Publications Private Limited
Total Pages: 14
Release: 2024-09-03
Genre: Law
ISBN:

On August 26, 2024, SEBI took a decisive step by implementing strict norms to monitor unregistered financial influencers, commonly referred to as 'Finfluencers'. These Finfluencers, who often share financial advice and analysis on various digital platforms, have gained significant prominence. This article analyses the following points: ‣ Background and Rationale ‣ Who are Finfluencers? ‣ Key Concerns Surrounding Unregulated Finfluencers ‣ Regulation of Finfluencers by SEBI ‣ Increased Accountability for Finfluencers Under New SEBI Regulations