New Delhi, March 2 -- The Securities and Exchange Board of India (SEBI) has removed more than 1.2 lakh misleading social media posts by unregistered financial influencers and is leveraging artificial intelligence (AI) tools to track violations in the digital space, Chairman Tuhin Kanta Pandey said.
Speaking to ANI, Pandey said, "We have removed more than 120,000 such pieces of content from social media where we found egregious behaviour violating our norms."
He reiterated that SEBI regulations clearly mandate that investment advice can only be given by registered entities.
"Our rules say that if you have to give investment advice, you have to be registered with SEBI. And being registered means you have certain do's and don'ts," he stat...
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