Today's Sebi order against baapofchart (Md Nasir and associates) for the first time lays bare the modus operandi of finfluencers offering unregistered investment advisory disguised as educational courses. Here's a quick summary:
1) Baap of Chart has 4.43 lakh subscribers and 7 crore views on Youtube. Also large following on other social media platforms.
2) After charging money for 'educational courses', investors were invited to join private groups where trading calls were given
3) Videos…
Sebi order against baapofchart (Md Nasir and associates) lays bare the modus operandi
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