To ensure that investors know they are dealing with registered investment advisors (RIA), the capital market regulator, Securities and Exchange Board of India (Sebi), plays a crucial role in monitoring and regulating the industry. RIAs are investment advisors who are certified by Sebi to share their advice with investors regarding financial matters. Sharan runs his business under three brands—Finance with Sharan, The 1% Club, and Personal CFO. Finance with Sharan focuses on general financial advice, while The 1% Club caters to high-net-worth individuals seeking exclusive financial services.
The Securities and Exchange Board of India (Sebi) is expected to soon come out with a series of proposals that will provide significant updates to the regulations surrounding investment advisors. Sebi has mandated Investment Advisors to disclose their social media presence twice a year to its appointed supervisory body, IAASB. This move aims to increase transparency and accountability within the industry.
Sebi Rules for Investment Advisors aim to protect investors from unsolicited and unverified advice on social media platforms. It is essential for investors to be cautious when receiving financial advice online and to verify the credentials of their advisors. PM Modi recently took charge as the Prime Minister of India for the third time, and investors are closely monitoring the first 100 days of his new term for potential impacts on the market.