Since October 2024, Sebi has Eliminated 70K Deceptive Social Media Postings and Accounts
At a time when domestic equity ownership has been gradually increasing, the capital market regulator has stepped up its assault on social media accounts that deceive investors, removing almost 70,000 of them in the last six months. Sebi stated that stopping fraudulent activity by unregistered advisers becomes a top concern since domestic mutual fund inflows…