In view of rapid increase in frauds related to securities market on various Social Media Platforms (“SMPs”), Securities and Exchange Board of India (“SEBI”) has issued advisory for SEBI Registered intermediaries who are intending to upload/publish advertisements on the designated Social Media Platform Providers (“SMPPs”). Intermediaries must register on these platforms using the Email ID and Mobile number registered with SEBI SI portal. Subsequently, SMPPs will conduct verification of the intermediaries and upon successful verification intermediaries will be permitted to publish advertisements on these platforms.
Intermediaries are further directed to ensure their current Email ID and mobile number are updated in the intermediary database on the SEBI SI portal by April 30, 2025.
Please refer to the hyperlink below for ease of reference.
Source: Securities and Exchange Board of India
