Sebi on Friday proposed that all regulated entities and their agents should prominently display registered name and registration number on the home page of their social media platforms.
This proposal comes after the regulator observed the growing need to clearly distinguish content uploaded by Sebi-regulated persons from material posted by unregistered individuals on social media.
According to Sebi, such differentiation is essential to prevent investors from being misled.
Further, while publishing videos or any other content on social-media platforms (SMPs), regulated entities should ensure that their material does not include anything prohibited under law or anything that may harm investors’ interests, Sebi suggested in its consultation paper.
“All persons regulated by the Board and their agents (mutual fund distributors, distributors of portfolio management services, etc) shall prominently disclose their registered name and registration number on the home page of their social med
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Sebi wants regulated entities, agents to show name on social media
