Report: Only 6% of financial influencers hold SEBI registration, despite 33% giving stock tips
A study conducted by the CFA Institute reveals that a mere 6% of the financial influencers examined are registered with SEBI, even though one-third of them offer direct stock advice. The research focused on 48 influencers between the ages of 25 and 56, most of whom were men. Additionally, about 37% of these creators did not properly reveal potential conflicts of interest, including details regarding affiliate marketing or paid promotions.
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