Sebi alert on market frauds; warns against fake FPI-linked schemes, asks investors to stick to registered platforms
SEBI has issued a warning to investors regarding fraudulent trading schemes promoted on social media and mobile apps. These schemes falsely promise stock market access through FPIs, which is illegal for resident Indians except under specific regulations. Investors are urged to verify entity registration and use only genuine trading apps from SEBI-registered intermediaries.🕒 1 min read
SEBI has issued a warning to investors regarding fraudulent trading schemes promoted on social media and mobile apps. These schemes falsely promise stock market access through FPIs, which is illegal for resident Indians except under specific regulations. Investors are urged to verify entity registration and use only genuine trading apps from SEBI-registered intermediaries.
Continue Reading
-
Rs 40.25 Crore IPL ‘Trade’ On The Cards? Rishabh Pant’s ‘Homecoming’ Likely, This India Star To Also Be Transferred
- Virat Carries Son Akaay On Shoulder During London Outing With Anushka
-
Share of Russian crude in India’s oil imports falls to lowest since November 2022; Middle East supplies rise
-
‘Exceptional’: SBI hails RBI’s repo rate cut; report says Central bank played its part, now markets should remain disciplined
-
“We Got Vaibhav Sooryavanshi’d”: SRH’s Rs 13 Crore Star On What Makes 15-Year-Old Stand Out
- Watch: Commandos Rappel Down From Chopper On 5-Star Hotel In Delhi For Anti-Terror Drills
- Trump tariffs also hitting US consumers? US President admits Americans ‘might be paying something’ due to tariffs
- US team to visit India from June 1-4 for trade talks, interim pact discussions to continue
-
What Crisis? There’s A Diet Coke Party In Delhi This Sunday, With Tickets Worth The Cost Of 29 Cans
- Bhopal Lawyer Dies By Suicide After Fraud Call Over Terror Links