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Showing posts with the label market transparency

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 new chairman Tuhin Kanta Pandey takes charge, says goal to make regulator best market institution

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[hfe_template id='11223'] [ad_1] Tuhin Kanta Pandey assumed charge as the 11th chairman of the Securities and Exchange Board of India (Sebi) on Saturday. The career bureaucrat who served as the Finance Secretary till now, replaced Madhabi Puri Buch, whose 3-year tenure ended on Friday. He has been appointed for a term of three years. Pandey told the media that Sebi is a strong market institution and is evolving continuously and his goal is to make it the best market institution. He further said that Sebi held the trust of Parliament, the government, industry, and investors based on four pillars viz. trust, transparency, teamwork and technology. His appointment was made by the government via notification from the Appointments Committee of the Cabinet (ACC) on Thursday, February 27. A 1987-batch IAS officer from the Odisha cadre, Pandey has held key positions in the government. He was appointed Finance Secretary in September 2024, succeeding TV Somanathan, who was promoted...