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.
