India, Feb. 13 -- Markets regulator Securities and Exchanges Board of India (SEBI) is reportedly seeking broader powers from the government to remove unauthorised financial advice from social media platforms like WhatsApp and Telegram.

SEBI is seeking access to call records on these social media platforms to investigate market violations related to the unregulated financial advice, as per a Reuters report.

However, the government's approval is still pending on the same, it added.

This is an attempt by the market regulator to scrutinise market violations related to unregulated financial advice circulating on social media platforms.

SEBI in a letter last week said that the companies such as Meta Platform's WhatsApp have denied it access...