Sebi will release a ‘consultation paper’ next week to simplify becoming a registered investment advisor, a senior official announced on Friday. This move aims to tackle unregulated fin-influencers. The Sebi board recently approved measures to monitor fin-influencers, mainly through their ties with Sebi-regulated entities. Sebi plans to relax registration requirements for investment advisors and research analysts by early next week. Additionally, a digital platform will be introduced for investor clarity and streamlined transactions. For investors, these changes could enhance transparency and reduce risks associated with unregulated advice.
SEBI to Ease Investment Advisor Registration Amid Fin-Influencer Crackdown
