SEBI to issue consultation paper on unsolicited stock advice

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The Securities and Exchange Board of India (SEBI) will issue a consultation paper to control unsolicited financial and stock advice provided by unregistered investment advisors and social media influencers. SEBI will develop guidelines for this based on feedback from the consultation paper.

“We (SEBI) will come out with a discussion paper seeking inputs for making effective measures to control unsolicited financial and market advices from social media influencers and also from unregulated investment advisors,” SEBI member Ananth Narayan Gopalkrishnan said at a meeting of the Association of Registered Investment Advisers. We will issue guidelines to rein them in after receiving input from market participants and other stakeholders.”

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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SEBI to issue consultation paper on unsolicited stock advice

The Securities and Exchange Board of India (SEBI) will issue a consultation paper to control unsolicited financial and stock advice provided by unregistered investment advisors and social media influencers. SEBI will develop guidelines for this based on feedback from the consultation paper.

“We (SEBI) will come out with a discussion paper seeking inputs for making effective measures to control unsolicited financial and market advices from social media influencers and also from unregulated investment advisors,” SEBI member Ananth Narayan Gopalkrishnan said at a meeting of the Association of Registered Investment Advisers. We will issue guidelines to rein them in after receiving input from market participants and other stakeholders.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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