Discussing SEBI's consultation paper on regulating finfluencers

07 Sep 2023

“SEBI’s job is to remove ignorance from the markets and not stupidity,” from Sandeep; if I had to summarise this conversation in one sentence that Abid and I had with Sandeep, on SEBI’s consultation paper on regulating influencers. I guess our job as brokers is also the same, which is the reason why we launched Verified P&L and spend time trying to educate users on all things trading and investing through Varsity, etc. But the onus is also on investors to be financially aware, have the right expectations, and be skeptical of get-rich-quick schemes and ridiculous claims.

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