What will it take for Sebi to rein in social media finfluencers?1 min read 19 Nov 2022, 11:18 PM IST
Though monitoring social media isn’t going to be a very easy task, Sebi is trying to find a solution.
There is a major problem when it comes to the consumption of personal finance content on social media. A social media account with a substantial number of subscribers is quite impressionable and followers keep believing that those tips would work wonders. Certified Financial Planner Aditi Khandelwal cited, “There was once an instance where I have seen influencers providing wrong tips which clearly showed that they have no knowledge on the topic."
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