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Finfluencer Regulation: Can SEBI really bell the cat?

The Morning Brief

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How to Balance Advertising and Giving Advice to Consumers

Swapunal Sorev is co-founder and CEO of Riggy, a platform that allows financial influencers to manage and monetize their communities. In April, Sebi slapped a fine of a few crore rupees and banned administrators of the Telegram channel for providing misleading recommendations to its subscribers. Now Riggy requires any financial influencer on its platform selling content related to securities market to be registered with Sebi.

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