While SIPs grew so did F&O: Why retail investors need to be protected from unregulated fininfluencers

The personal finance sector in India provides a compelling example of the increasing use of social media platforms by individuals and organizations. These unregulated individuals share information and offer advice to potential investors on various aspects of financial planning through platforms such as Facebook, Instagram, Twitter, and others. They provide guidance on a wide range of financial topics, encompassing market securities, mutual funds, insurance, and pension funds.
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