SEBI bars finfluencer Avadhut Sathe, impounds Rs 546 Cr for illegal advice.

• SEBI has cracked down on "finfluencer" Avadhut Sathe and his academy, barring him from the securities market and impounding Rs 546 crore in alleged unlawful gains.
• Sathe's academy provided unregistered investment advisory and research analyst services under the guise of education, issuing trading calls and specific entry/exit levels.
• Participants paid up to Rs 6.75 lakh for mentorship, receiving stock recommendations via WhatsApp, despite 65% incurring losses.
• SEBI's action signals intensified enforcement against market influencers who misguide retail traders under the garb of education.
• Sathe's academy denies wrongdoing, claiming to be a "victim of regulatory vacuum," and plans to challenge SEBI's order.

Why It Matters: SEBI's action against Avadhut Sathe signals a crackdown on unregistered financial advice.