The FinTech Hub
Source: Live Mint MUMBAI : Financial influencers registered with the Association of Mutual Funds in India (Amfi) may face scrutiny from the market regulator as it continues cracking down on social media creators spreading financial misinformation. The regulator is looking at harmonising the advertisement code for different types of Sebi-regulated entities, Tuhin Kanta Pandey, chairperson,…
Source: Live Mint The Indian stock market has been on a roll over the past few years. This has given rise to several social media platforms sharing stock tips and market insights. A famous class of ‘Finfluencers’ have emerged out of the fame the stock market has earned over the past few years. These financial…
Source: Live Mint Language evolves with society, reflecting cultural shifts, technological advances, and even economic landscapes. The announcement of “Brain Rot” as the Oxford Word of the Year is a testament to this dynamic process – while it captures a zeitgeist of digital fatigue and declining attention spans, its selection also invites reflection on how…
Source: Live Mint Online brokerage platform Zerodha’s co-founder and Chief Executive Officer, Nithin Kamath, cautioned investors via a social media post on platform X on Saturday, December 7, about the most certain way to lose money in the markets. The post highlighted two recent scams in which the Securities and Exchanges Board of India (SEBI)…
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Friday issued a draft circular providing clarifications regarding its recent regulations prohibiting regulated entities, such as stock exchanges, depositories and clearing corporations, from associating with unregistered content creators who offer advice, recommendations or performance claims about any security. The capital market regulator had…
Source: Live Mint NEW DELHI : In China, some social media influencers are being taken by the police for questioning for spreading misinformation online. An Economist article recently cited how China’s police are taking online fibbing seriously. Globally, misinformation causes a lot of stress, but the biggest source of evil is from finance influencers who…
Source: Live Mint They said that the regulation can be interpreted to mean that the restriction is only on putting affiliate links on their social media platforms and not for branded marketing activities. The Securities and Exchange Board of India (Sebi) on 22 October ordered regulated entities, including recognized stock exchanges, clearing corporations, and depositories,…
Source: Live Mint The market regulator on Wednesday asked regulated entities—including recognized stock exchanges, clearing corporations, and depositories— to terminate any existing contracts with unregistered financial advisers like financial influencers within three months. The latest circular of the Securities and Exchange Board of India (Sebi) follows its decision of June 27 to bar association with…
