Unregistered Finfluencers Face Action As They're Not Qualified To Give Advice, Says Ex-SEBI Official

Unregistered Finfluencers Face Action As They're Not Qualified To Give Advice, Says Ex-SEBI Official

The Securities and Exchange Board of India has, in recent period, taking stringent measures to crack down on unregistered financial influencers that have misled investors. RS Loona, former executive director at the market regulator, told NDTV Profit that the action against finfluencers is primarily "because they were not qualified to give financial advice." Loona is also of the opinion that since SEBI has its limit to such regulations, the socia…

It's time to stop financial advice being viewed as an 'old boys club'

I’ve noticed a bit of a resurgence of the unreconstructed boy’s club view of financial advice just lately. That it’s all about sales, mate, get on that phone and smash some targets, Big Dog, the leads aren’t weak YOU’RE WEAK, etc. etc.