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Rigi's decision comes after SEBI last week issued an order against finfluencer PR Sundar for providing investment advice without proper registration.
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Rigi's decision comes after SEBI last week issued an order against finfluencer PR Sundar for providing investment advice without proper registration.
Despite repeated actions by SEBI, social media, especially messaging apps remain a fertile ground for financial misinformation
Earlier in March, the SEBI also cracked down on a YouTube pump-and-dump scheme where financial influencers manipulated share prices to their advantage.
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