Educational institutions are regulated, but Coaching Classes won't be. This is an accepted phenomenon. So, should we regulate finfluencers Or not? - A very significant discussion spearheaded by Shri. Kamlesh Varshney at #CAPAM2024 by FICCI Few ways: Separate fee based platform to filter out malpractices (currently optional & under experimentation) Working with social media platforms to report unregulated finfluencers and take down content immediately Associating with genuine finfluencers Policy and Regulatory changes for IA and RA registration through a consultation paper coming soon! Performance Validation agency will help a long way The most important segment is Investor Education - the roof that will protect everyone holistically! That truly reassures #laxmigyaan! Thank you for aesthetically addressing this topic of interest, concern and validation! #finance #financialeducation #prosperity Jyoti Vij SEBI
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SEBI has cracked down on finfluencers. Hope this will shut the mouth of sensation creators through finance content with no adequate knowledge and experience. Money is a matter of interest to everyone and it's was easy to get followership playing with money related sensational content. So these guys stretched and bent investment related information as they wished and with little expertise. Sad part was brokers and mutual funds used this finfluencers akka actors of Investment (who act as Investment experts) to promote their products.Can a doctor use a social media influencer as a doctor to increase his popularity? All this should come to an end now. Sensitive content of serious professions like Investment management and Medicine has to be handled only by qualified industry experts even on Social Media. Let's respect expertise accumulated over years and not step into their shoes playing with lifes of people. https://lnkd.in/gfD8texa
SEBI cracks down on finfluencers, streamlines voluntary delisting process
economictimes.indiatimes.com
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5moRegulating finfluencers raises valid concerns about misinformation. Effective solutions balance oversight and openness. Priyanka Acharya