Regulatory crackdown fails to deter finfluencers; only 6% are SEBI-registered

4 min readUpdated: Jul 29, 2026 07:02 PM IST Despite SEBI’s regulatory crackdown, only 6% of finfluencers analysed were registered with the markets regulator, a CFA Institute report found. (Image generated using AI)The markets regulator has registered only about 6% of finfluencers, while nearly one in three of these individuals continue to provide stock recommendations, according to a report by the CFA Institute released on Tuesday. The study comes in the backdrop of the Securities and Exchange Board of India’s (SEBI) recent measures to curb financial advice by unregulated financial influencers, or “finfluencers,” on social media platforms.The report noted that SEBI did not penalise nearly 96% of the finfluencers that showed warning signs of providing unauthorised advice or raised concerns