SEBI's attack on Finance Influencers | Jagran Business- Watch Video

To regulate financial influencers on various social media platforms, the Securities and Exchange Board of India (Sebi) is creating rules. The market watchdog, SEBI, is creating rules for social media influencers. A discussion paper is nearly finished and will probably be made public very soon. Many retail investors are reportedly getting stuck as a result of this because certain social media celebrities are giving advise on social media. SEBI has taken action against a number of social media influencers in the past month. \

Sources claim that this is taking place as a result of some social media influencers offering unasked-for advice on social media, which is trapping many retail investors. SEBI has taken action against several social media influencers in the last month. 

The accusations of multiple retail investors who asserted they were conned by these finfluencers, as well as individual cases, will undoubtedly prompt SEBI to take action. According to sources, SEBI would take action against "finfluencers" if needed.