SEBI has placed a Draft circular on “Disclosure of registered name and registration number by SEBI regulated entities and their agents on Social Media Platforms” for public comments or suggestions. It
has been observed that fraudsters/unregistered persons have been perpetrating frauds in the securities market in various forms including by way of misleading/ manipulative social media content etc. In order to carry out effective monitoring of such contents and in the interest of promoting transparency, a need is felt to distinguish social media contents uploaded by persons regulated by SEBI on Social Media Platforms (SMPs) from the contents uploaded by other unregistered persons.