Almost a year ago, markets regulator, Sebi, released a consultation paper on rules to limit the impact of ‘finfluencers’. Essentially, the thrust was on disrupting the revenue model of such finfluencers by prohibiting any association, monetary or non-monetary, between Sebi-registered intermediaries/regulated entities and unregistered entities (including finfluencers). Now, these rules have come into force.
India: Life market expected to grow by 15% in next 3-5 years
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