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Alarmed at frauds related to securities market on various social media platforms, capital markets regulator SEBI has issued an advisory for investors to exercise caution and due diligence to verify the genuineness of social media handles of SEBI-registered entities while accessing them.
SEBI noticed an increase in frauds related to securities market on various social media platforms such as YouTube, Facebook, Instagram, X (previously Twitter), WhatsApp, Telegram, Google Play Store and Apple Store, etc.
“With increasing adoption of digital communication…
