(THE NEWSMA OFINDIA.COM)
The Securities and Exchange Board of India (SEBI) has been increasingly focusing on regulating the financial advice shared on social media platforms. In recent developments, SEBI has sought greater access to social media records as part of its efforts to curb the spread of unauthorized financial advice. This move comes as a response to the growing concern over individuals and entities providing unverified or illegal financial advice that could mislead investors.

The goal is to ensure that only certified and qualified financial professionals are providing advice, and to protect investors from scams and misinformation. The push for more access to social media records would allow SEBI to monitor and investigate such activities more effectively. This could also help identify unlicensed individuals or companies masquerading as credible advisors.

This effort aligns with SEBI’s broader mandate to ensure investor protection and maintain the integrity of India’s financial markets. By cracking down on unauthorized financial advice, SEBI hopes to reduce the risks for investors, especially those who might be vulnerable to manipulative or fraudulent activities online.