Finfluencers
Latest news, explainers and analysis on Finfluencers. Tracking 2 stories on Arth Vani.
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Latest on Finfluencers
BreakingOver Half of UK Individuals Lost Money Following Social Media Financial Advice: Survey
A TSB survey reported by Finextra reveals that over half of British individuals who acted on financial advice found on social media ended up losing money. This highlights the significant risks associated with unregulated financial recommendations shared on online platforms.
BreakingProject Sudarsan: SEBI Deploys AI to Track Finfluencers as 62% Investors Follow Advice
The Securities and Exchange Board of India (SEBI) has launched 'Project Sudarsan' and 'R(AI)DAR' to monitor social media for misleading financial advice. With 62% of Indian investors currently influenced by finfluencers, the regulator is using artificial intelligence to curb unsolicited stock tips and unauthorized advertisements.
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