The FinTech Hub
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…
