SEBI Proposes 30-Day Lag For Sharing Price Data In Educational Activities

The Securities and Exchange Board of India (SEBI) has released a consultation paper suggesting that price data used for educational and awareness activities should carry a minimum lag of 30 days. This proposal is part of SEBI’s broader effort to regulate financial influencers and safeguard retail investors from misleading advice disguised as education.  

The regulator noted that while investor education is essential, the use of real-time or recent price data often blurs the line between genuine awareness and speculative recommendations. By introducing a lag, SEBI intends to ensure that educational material remains focused on concepts, trends, and long-term understanding rather than short-term trading signals.  

Key Highlights  

• SEBI proposes 30-day lag for price data in educational content  
• Move aimed at curbing misuse by financial influencers and unregistered advisors  
• Ensures investor awareness programs remain free from speculative bias  
• Part of SEBI’s broader framework to strengthen investor protection  
• Consultation paper open for feedback from stakeholders before final implementation  

Final Takeaway  
SEBI’s proposal reflects its commitment to balancing investor education with market integrity. By restricting the use of recent price data, the regulator seeks to protect retail investors from potential exploitation while promoting genuine financial literacy.  

Sources: Business Standard, The Hindu BusinessLine, SEBI Consultation Paper