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Showing posts with the label Sebi guidelines

SEBI mandates advertiser verification on social media to curb investment frauds

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[hfe_template id='11223'] [ad_1] Market regulator Securities and Exchange Board of India (Sebi) on Friday directed all Sebi registered intermediaries uploading or publishing advertisements on social media platforms (SMPs) like Google and Meta, to register on these platforms using their email ids and mobile numbers as registered on SEBI SI Portal. These social media platform providers will then carry out advertiser verification of Sebi registered intermediaries after which the intermediaries will be permitted to upload or publish advertisements on these platforms. All Sebi registered intermediaries who want to upload/publish advertisements on these platforms will have to update their contact details in the intermediary database on the SEBI SI Portal by April 30, 2025, a media release published by the regulator said. The market regulator in an advisory to investors said that it has noticed a rapid increase in frauds related to securities market on various social media plat...

Sebi modifies guidelines on nomination facilities in securities market

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[hfe_template id='11223'] [ad_1] Markets regulator Sebi on Friday modified its guidelines and issued necessary clarifications on nomination facilities in the securities market in a bid to make the process of transmission and nomination easier for demat accounts and mutual fund (MF) folios. In its circular, Sebi said that if one or more joint account holders pass away, the assets will be transferred to the surviving holder(s) without the need for additional KYC unless it was requested earlier and not provided. The surviving holder(s) can update their contact details and add or change their nominee(s) at any time. Further, investors will have the option to designate a nominee (excluding minors) to manage their account in case they become physically incapacitated. This nominee can be changed as needed. On nomination opt-out, Sebi said that investors with single holdings can choose to opt out of nomination either online or offline. The nomination form has been updated with...

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

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[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. Stock Trading Maximise Returns by Investing in the ...