SEBI Urges Social Media and Search Platforms to Curb Fraudulent Investment Promotions

The Securities and Exchange Board of India - SEBI has urged major social media platforms and internet search engine providers to strengthen safeguards against the misuse of their platforms for fraudulent investment activities.   In a formal communication, the market regulator has called on these platforms to fast-track mandatory advertiser verification in the securities market, ensuring that only SEBI-registered entities are allowed to promote investment products and services.   ...