Sebi's October 22 consultation paper outlined criteria for recognising SDPs with which Sebi-registered entities shall be allowed to engage or associate for content, advertising, and related activities.
The proposal followed Sebi's mandate restricting registered securities market entities from associating with unregistered or non-regulated platforms. To qualify as an SDP, platforms must adopt policies to take action against users and content creators responsible for fraud, impersonation, and misleading claims in connection with the securities market. Specified actions include content takedowns, channel removals after three violations, and blacklisting entities on three instances of infractions.
This story is from the December 04, 2024 edition of Business Standard.
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This story is from the December 04, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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