SEBI Chairman Ajay Tyagi has said that the market regulator aims to reach 60 crore Indians through its multi media campaign on cautioning investors to make them aware of illegal and unsolicited investment tips on stocks, mutual funds and other capital market products.
Tyagi said this at the virtual event organised by NISM on Thursday.
Tyagi said, “A media campaign was launched few months back through television, digital, SMS, print and radio cautioning investors against unsolicited investment tips. This pan India campaign with a potential reach of more than 600 million people, was conducted in 13 leading languages. SEBI will continue to enhances its investor education and awareness initiatives to complement similar efforts of various market infrastructure institutions, mutual funds etc.”
Through this campaign, SEBI has started warning investors against unsolicited stock tips and investment advice that are circulated through bulk SMS, websites and social media platforms. The market regulator advised investors to exercise appropriate due diligence before dealing in the securities market.