Finfluencers giving unsolicited advice!

SEBI is worried about the so-called finfluencers giving unsolicited investment advice on Telegram, Youtube & Whatsapp channels. They are supposed to come up with a framework for the same but it's not easy as it is difficult to constitute between financial education & financial advice. Most of these finfluencers put disclaimers of financial literacy or education to escape the purview of SEBI. It is therefore the responsibility of investors to not blindly follow such unsolicited advice on social media. The cost of free advice when it comes to stock tips is very expensive. There are no free lunches in this world. Stockgro is one social platform which only onboards SEBI registered experts.