Wild West of investing! Every 3rd finfluencer openly giving stock tips, shows CFA Institute survey

 

33% of finfluencers give buy/sell tips; only 2% are SEBI-registered.

82% of investors act on influencer advice; 14% of older investors report fraud.

63% of influencers don’t disclose sponsorships, raising ethical concerns.

Report calls for stricter SEBI regulations and penalties for misinformation.