Sebi directs intermediaryies to use registered contact details for advertising on social media platforms

Sebi directs intermediaryies to use registered contact details for advertising on social media platforms

Sebi on Friday asked registered intermediates wishing to advertise on social media platforms like google and meta to register on these platforms using the contact details such as the email id and orac ID and Omail ID Provided to the markets watchdog.the move is aimed at curbing fraudulent activities in the seconds market.

this decision came after after sebi observed a rapid increase in frauds rapids Conducted on Platforms Such as YouTube, Facebook, Instagram, WhatsApp, X (Formerly Twitter), Telegram, and the Google Play Store.With Increasing Adoption of Digital Communication Platforms, SEBI Observed that perpetrators of such frauds are enticims in the name of providing online trading courses, seminars, giving misleading or decision -testimonials, promises or guarantee Risk Free Return etc. Through Various Social Media Platforms (SMPS) .To Protect Investors and Increase Transparency, Sebi have taken steps to strengthn the candiduct of recorded intermediate. ” Has Been Decided in Consultation with Social Media Platform Providers that all sebi registered intermediations uploading to register on such social media platforms using their email ids and mobile numbers registered on sebi si portal, “The regulator said in a statement in a statement.folling. Checks on the Intermediaryies Before Allowing Them to Publish Ads. This verification process aims to ensure that only legitimate, verified intermediaryies can advertise on these platforms.the regulator has been asked all intermediaies to advertise on Their contact details- Specifically their email id and mobile number – on the sebi si portal by april 30, 2025.the move is part of sebi’s efforts to curb Fraudulent Activities, Safeguard Investor Interests, and Promote a more transparent and secure security market. (Tagstotranslate) sebi intermediaryies ads provide contact details sebi

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