SEBI Chief Expose

- SEBI has flagged 8,890 instances of unlawful or misleading content on social media, notifying platforms like Facebook, Instagram, Telegram, and YouTube to take legal action. - The regulator's crackdown aims to curb the spread of false stock market advice by unregistered financial influencers, or finfluencers, who often promise guaranteed returns and use technical jargon to mislead investors. - SEBI's new regulatory framework prohibits registered entities from collaborating with unregistered financial promoters on social media, including any form of monetary transactions or client referrals. - The Investment Advisors Administration and Supervisory Body (IAASB) now monitors social media activity of investment advisors, who must disclose their social media presence twice a year. - Influencers involved in 'pump and dump' schemes, like P R Sundar and Syyed Shujauddin, have faced bans and heavy fines for unauthorized financial advice. Source: Moneycontrol

Sebi chairman gives warning to MF investors, kare to kare kya, jaye toh jaye kha?

I’ve around 30L of cash. What’s the best place to invest? I’m worried about the volatility of the market.

Stupid Ways to make money 💰 that shocked you

Are fintech companies not following the law or something else https://www.moneycontrol.com/news/business/economy/mc-exclusive-policybazaar-under-income-tax-scanner-for-kyc-non-compliance-12202471.html/amp

SEBI chief not supposed to have alternative source of income/fees. Direct violation. Resignation imminent to save face.

Any ideas 💡🤔

- Whistleblower documents show SEBI Chairperson Madhabi Buch and her husband had stakes in offshore funds used in the Adani money siphoning scandal. - SEBI has shown a surprising lack of interest in Adani’s alleged undisclosed web of Mauritius and offshore shell entities despite overwhelming evidence. - SEBI sent a 'show cause' notice to the whistleblowers, questioning the disclosure around their short position rather than addressing the allegations against Adani. - Madhabi Buch and her husband moved their assets out of her name ahead of her politically sensitive appointment as SEBI Chairperson. - SEBI has taken no action against other suspect Adani shareholders operated by India Infoline, raising questions about the regulator's objectivity. Source: [https://hindenburgresearch.com/sebi-chairperson/](https://hindenburgresearch.com/sebi-chairperson/)

What’s the biggest financial mistake you’ve made in your life so far?

Just curious, I would like to know what are some of the most uncommon ways people have made money. Please don't say internships, jobs etc Let me go first : made a playlist of some niche focused videos on YouTube ( can't disclose the niche as of now ) Added the playlist link to a doc and 💥 Sold it on gumroad for some good $$ to a good no. of people. Your turn now