Premium
This is an archive article published on June 27, 2024

Sebi board approve norms for finfluencers

The move comes amid growing concern over the potential risks associated with unregulated finfluencers who might offer biased or misleading advice.

google-preferred-btn
SEBI, FinfluencersCapital markets regulator Sebi on Thursday approved norms to regulate unregistered financial influencers. (Reuters photo)

Capital markets regulator Sebi on Thursday approved norms to regulate unregistered financial influencers, also referred as finfluencers.

The move comes amid growing concern over the potential risks associated with unregulated finfluencers who might offer biased or misleading advice. They usually work on a commission-based model.

To address the risk associated with finfluencers, Sebi board approved a proposal to regulate such finfluencers.
The regulator decided to introduce a fixed price process for delisting of frequently traded shares and also introduced a delisting framework for Investment and Holding Companies (IHC), Sebi said in a statement issued after the board meeting here.

Further, the regulator cleared a proposal to remove financial disincentive for MD and CTO of exchanges, other market infrastructure institutions (MIIs) due to technical glitch.

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
Advertisement
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Rahul Gandhi, Haryana Assembly elections, 2024 Haryana Assembly elections, vote theft, vote fraud, hodal assembly constituency, rai assembly constituency, Indian express news, current affairs
No theft here: Names Rahul flagged have voted, with valid address and ID card
Trump had referred to Mamdani as a “pure, true communist” and “total nut job”, claiming he would “have a lot of fun with him” if elected. (Photo/X)
'Very angry speech': On Mamdani's victory talk, Trump says NYC Mayor-elect must work with Washington
How Lagaan, Gadar, Dil Chahta Hai changed Hindi film industry.
Entertainment25 years of Indian cinema: With Lagaan, Gadar, Dil Chahta Hai, 2001 changed our films
Even as Rahul Sadasivan's Pranav Mohanlal-starrer Dies Irae continues its successful run, it cannot be overstated that Bhoothakaalam remains his best movie to date. And the reasons are aplenty.
EntertainmentWhy Bhoothakaalam remains Dies Irae director Rahul Sadasivan's best film
Zohran Mamdani Dhoom Machale
TrendingZohran Mamdani closes victory speech as mayor of New York to 'Dhoom Machale'; netizens hail ‘coolest victory speech’
British vlogger disgusted by littering in Kerala
Trending‘Kerala, I am disappointed’: British vlogger disgusted by littering at Varkala cliffs, calls for better waste management
India captain Harmanpreet Kaur's parents Harmandar Singh Bhullar and Satwinder Kaur with the infant Harman's "GOOD BATTING" shirt during the coversation with Indian Express at home in Moga. (Express Photo by Gurmeet Singh)
SportsAt Harmanpreet Kaur's home, her story begins with a message on a yellow boy's suit: 'Good Batting'
Though it didn’t win a title for 18 seasons, RCB’s brand value was always in the top three thanks to the presence of Virat Kohli. (Pic Credit: Sportzpics/File)
SportsRCB put on sale months after stampede during IPL 2025 victory parade
In New York, Zohran Mamdani crafted a campaign that went beyond identity -- that's how he won
OpinionIn New York, Zohran Mamdani crafted a campaign that went beyond identity -- that's how he won
Bill Gates changed climate views, Bill Gates climate views, Bill Gates, Climate change, Indian express explained, explained news, current affairs
ExplainedWhy Bill Gates' changed climate views are in step with India's
Farah Khan recalls growing up amid addiction and financial struggle
‘I can smell alcohol so well’: Farah Khan revisits her father’s alcoholism and years of financial scarcity; expert on how trauma gets stored in the body
Sam Altman Indic LLMs
TechnologyCan OpenAI’s new ‘IndQA’ benchmark help Indic LLMs close the gap?
Advertisement
Must Read
SportsAt Harmanpreet Kaur's home, her story begins with a message on a yellow boy's suit: 'Good Batting'
India captain Harmanpreet Kaur's parents Harmandar Singh Bhullar and Satwinder Kaur with the infant Harman's "GOOD BATTING" shirt during the coversation with Indian Express at home in Moga. (Express Photo by Gurmeet Singh)
SportsRCB put on sale months after stampede during IPL 2025 victory parade
Though it didn’t win a title for 18 seasons, RCB’s brand value was always in the top three thanks to the presence of Virat Kohli. (Pic Credit: Sportzpics/File)
SportsChess World Cup: Diptayan Ghosh, who once took a 2-year break to work in a bank, beats 2-time world championship contender Ian Nepomniachtchi
The year was 2021 when Diptayan Ghosh emerged from the Delhi School of Economics with a degree and a job at a corporate bank in Mumbai. (Photo Credit: Michal Walusza/FIDE)
TechnologyCan OpenAI’s new ‘IndQA’ benchmark help Indic LLMs close the gap?
Sam Altman Indic LLMs
TechnologyWith Project Suncatcher, Google joins the club to put AI data centres in space, but feasibility remains a challenge
Space offers better access to solar energy, which is why some are considering placing data centers there. (Image credit: Intuitive Machines)
TechnologyApple’s first budget MacBook may launch in early 2026: Here’s what to expect
The much-rumoured MacBook is said to be powered by an iPhone chip.
‘I can smell alcohol so well’: Farah Khan revisits her father’s alcoholism and years of financial scarcity; expert on how trauma gets stored in the body
Farah Khan recalls growing up amid addiction and financial struggle
Advertisement
Buzzing Now
TrendingZohran Mamdani closes victory speech as mayor of New York to 'Dhoom Machale'; netizens hail ‘coolest victory speech’
Zohran Mamdani Dhoom Machale
Trending‘Kerala, I am disappointed’: British vlogger disgusted by littering at Varkala cliffs, calls for better waste management
British vlogger disgusted by littering in Kerala
Trending'In India, at least I’ll be happy': Indian creator decides to leave US over racism; says the America she admired no longer exists
Indian woman creator leaves US over racism
TrendingRajasthan vegetable seller borrows money for lottery tickets, wins Rs 11 crore: ‘Meri saari gareebi khatam ho gayi’
Rajasthan vegetable seller wins Rs 11 crore from Punjab lottery ticket
Trending‘India deserves a world record for this’: Australian traveller gets emotional after experiencing 'unmatched' hospitality
Australian traveller praises indian hospitality
Nov 06: Latest News
Advertisement