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Podcast: Moneylife News Bites
Episode: Is SEBI’s Move To Rein in Fake Gurus Designed To Ring Fence Itself and Referral-driven Brokers?
Description: After losses inflicted by fraud and mis-selling due to the Finfluencers-Trainer-Referral model have led to a furore on social media, the market regulator has stirred into action – much like the police in Hindi movies of the 1980s. Meanwhile, their victims have begun to demand a refund of training fees, sending the fake market gurus rushing to seek legal advice anticipating regulatory action. Listen to this week's episode as Sucheta Dalal takes a deeper look. Hosted on Acast. See acast.com/privacy for more information.