Google to verify apps, help track finfluencers: Sebi

Sebi is urging Google to deploy AI for identifying finfluencers flouting regulations, aiming to curb misleading investment content online. The regulator has flagged over 1.3 lakh instances of dubious content and 66 fake trading apps. A new verified badge on Google Play for registered intermediaries’ apps is also launched to protect retail investors from fraudulent schemes.

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