SEBI seeks greater access to social media records, source and memo say

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India’s markets regulator is seeking broader powers from the government to remove unauthorised financial advice from social media platforms such as WhatsApp and Telegram, and to access their call records for investigations into market violations, a government source and a document reviewed by Reuters showed.

This is the second time since 2022 that the Securities and Exchange Board of India (SEBI) has sought such powers, with approval from the government still pending.

The request comes as the regulator has intensified investigations into market…



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SEBI seeks greater access to social media records, source and memo say


India’s markets regulator is seeking broader powers from the government to remove unauthorised financial advice from social media platforms such as WhatsApp and Telegram, and to access their call records for investigations into market violations, a government source and a document reviewed by Reuters showed.

This is the second time since 2022 that the Securities and Exchange Board of India (SEBI) has sought such powers, with approval from the government still pending.

The request comes as the regulator has intensified investigations into market…



Source link

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.

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