Indian finfluencer to refund $2.1 million to followers in latest crackdown

[ad_1] Mumbai: India’s market regulator barred a popular influencer on social media from securities trading and ordered him to refund Rs172 million ($2.1 million) collected from followers after its investigation…

Lessons for India: How global regulators are addressing the finfluencer phenomenon

[ad_1] Retail investors, especially millennials and centennials, are succumbing to meme trading promoted by self-proclaimed experts on social media. Meme trading refers to the phenomenon where stock prices of certain…

Why is SEBI tightening norms for ‘FinFluencers’? | Explained

[ad_1] The story so far: On August 25, markets regulator Securities and Exchange Board of India (SEBI) floated a consultation paper proposing regulations to restrict the association of SEBI-registered intermediaries…

Finfluencer Abhishek Kar admits to giving ‘buy’ and ‘sell’ calls in disguise, violates SEBI norms

[ad_1] One of the biggest finfluencers, who has been invited as a guest speaker by premium institutions and associations such as the Indian Institute of Technology (IIT) and the Institute…