SEBI Urges Social Media Platforms to Verify Advertisers and Flag Fake Apps

In a move to protect investors from the growing menace of online investment scams, market regulator Securities and Exchange Board of India (SEBI) has reached out to major social media platforms and internet search engine providers, urging them to strengthen mechanisms that prevent their platforms from being misused for fraudulent financial activities. This initiative by SEBI aligns with the global call to action made by the International Organisation of Securities Commissions (IOSCO) on 21 May 2025. In its statement, IOSCO emphasised the crucial responsibility of digital platform providers in curbing online financial harm and urged them to take proactive steps to safeguard investors worldwide. Supporting IOSCO recommendations, SEBI has called upon digital platforms to give top