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Sebi amends rules to regulate finfluencers

Sebi amends rules to regulate finfluencers

August 30, 2024, 03:36 PM - 2 min read

Sebi has amended regulations to control unregistered financial influencers (finfluencers), banning their association with regulated entities like mutual funds and brokers unless they are registered or permitted by Sebi. The new norms aim to enhance accountability and prevent biased advice, while allowing limited investor education partnerships under strict conditions.

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