financial influencers: Sebi cracks down on finfluencers selling tips as education

[hfe_template id='11223'] [ad_1]
Mumbai: The Securities and Exchange Board of India (Sebi) has clarified that financial influencers cannot use live stock market data for educational purpose.

It said educators can only use stock price data with a three- month lag.


"Such person (someone who is engaged solely in education) should not be using the market price data of the preceding three months to speak/talk/display the name of any security including using any code name of the security in his/her talk/speech, video, ticker, screen share etc. indicating the future price, advice or recommendation related to security or securities," Sebi said in a circular.

The move is aimed at regulating financial influencers who offer real-time trading advice disguised as education.


Last year, Sebi came out with rules which mandated that any person providing advice directly or indirectly on securities has to first register with it.
Growfast
  • Maximise Returns by Investing in the Right Companies

    Stock Trading

    Maximise Returns by Investing in the Right Companies

    By - The Economic Times, Get Certified By India's Top Business News Brand

  • Market 104: Options Trading: Kickstart Your F&O Adventure

    Stock Trading

    Market 104: Options Trading: Kickstart Your F&O Adventure

    By - Saketh R, Founder- QuickAlpha, Full Time Options Trader

  • Technical Analysis for Everyone - Technical Analysis Course

    Stock Trading

    Technical Analysis for Everyone - Technical Analysis Course

    By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities

  • Stock Markets Made Easy

    Stock Trading

    Stock Markets Made Easy

    By - elearnmarkets, Financial Education by StockEdge

  • Renko Chart Patterns Made Easy

    Stock Trading

    Renko Chart Patterns Made Easy

    By - Kaushik Akiwatkar, Derivative Trader and Investor

  • Market 101: An Insight into Trendlines and Momentum

    Stock Trading

    Market 101: An Insight into Trendlines and Momentum

    By - Rohit Srivastava, Founder- Indiacharts.com

  • Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading

    Stock Trading

    Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading

    By - Rohit Srivastava, Founder- Indiacharts.com

  • Dow Theory Made Easy

    Stock Trading

    Dow Theory Made Easy

    By - Vishal Mehta, Independent Systematic Trader

  • Market 103: Mastering Trends with RMI and Techno-Funda Insights

    Stock Trading

    Market 103: Mastering Trends with RMI and Techno-Funda Insights

    By - Rohit Srivastava, Founder- Indiacharts.com

  • ROC Made Easy: Master Course for ROC Stock Indicator

    Stock Trading

    ROC Made Easy: Master Course for ROC Stock Indicator

    By - Souradeep Dey, Equity and Commodity Trader, Trainer

  • Heikin Ashi Trading Tactics: Master the Art of Trading

    Stock Trading

    Heikin Ashi Trading Tactics: Master the Art of Trading

    By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert

  • RSI Made Easy: RSI Trading Course

    Stock Trading

    RSI Made Easy: RSI Trading Course

    By - Souradeep Dey, Equity and Commodity Trader, Trainer

  • Introduction to Technical Analysis & Candlestick Theory

    Stock Trading

    Introduction to Technical Analysis & Candlestick Theory

    By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert


It also prohibited regulated entities like stock exchanges, mutual fund distributors, stock brokers and depositories from having any association with unregistered financial influencers.
[ad_2] Source link https://mrgaga.in/financial-influencers-sebi-cracks-down-on-finfluencers-selling-tips-as-education/?feed_id=46369&_unique_id=679c44874d189

Comments

Popular posts from this blog

India VIX jumps 100% in one month. Could fear levels take Nifty further down?

Can Sensex, Nifty snap 2-day fall on Monday? 7 factors that could decide market mood this week

Waaree Energies shares in focus after Q4 profit rises 34% to Rs 619 crore, revenue up 36%