Sebi vs. Finfluencer 🚨
India’s market regulator, Sebi, just raided finfluencer Avadhut Sathe’s Karjat academy, accusing him of pushing penny stocks during classes. Sathe, who combines trading with dance moves, has trained over 18,000 students. But Sebi says he broke rules by acting like an advisor without a license. Devices and data were seized in the raid.
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Courses are priced at ₹ 18,000, with a YouTube reach of 9.3 lakh subscribers.
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Sebi is cracking down on unregistered finfluencers.
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Alleged penny stock push during sessions.
👉 Why this matters: Protects retail traders from misleading finfluencers selling risky dreams.
🔗 Read More : India Today
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