Only 6% of Finfluencers Registered with SEBI, Study Finds

A recent study reveals that only 6% of financial influencers in India are registered with SEBI, despite one in three actively recommending stocks to followers.

The report highlights a significant regulatory gap, noting that 33% of these influencers continue to issue investment advice without proper authorization.

SEBI is expected to tighten guidelines for social media financial advice to protect retail investors from potential market manipulation and misinformation.