The Securities and Exchange Board of India (SEBI) has barred financial influencers (finfluencers) from using live or recent stock market data in educational content. In a circular yesterday, SEBI stated that educators can only reference stock prices with a three-month lag to prevent real-time trading tips disguised as education.
SEBI clarified that unregistered individuals
cannot offer investment advice, make performance claims, or indirectly suggest future stock prices. Registered market entities are also prohibited from associating with such fin-fluencers. These rules aim to protect investors from misleading advice while ensuring genuine education remains unaffected. The regulations emphasize transparency and compliance.