Suspense Crime Sach Ka Dam
If you invest in the stock market, then this news is for you. SEBI issued a warning for stock market investors on Monday. SEBI has cautioned investors against making transactions through online trading or ‘gaming’ platforms. SEBI suggested investors trade only through registered intermediaries. Let us tell you that SEBI has issued this consultation statement after taking cognizance of the cases of offering online trading services paper trading or fantasy games to people based on the share price data of listed companies by some apps/web applications/platforms.
Investors themselves will be responsible for the losses and consequences.
SEBI said in its statement, that such activities violate the Securities Contracts (Regulation) Act 1956 and the SEBI Act 1992, which are made to protect investors. SEBI emphasized in its statement that people can invest and do trading activities in the equity market only through registered intermediaries. It said, “The investor is himself responsible for the loss and consequences of being associated with unauthorized schemes, including sharing confidential and private transaction data, as such schemes/platforms are not registered with SEBI. “
If you don’t listen then you will have no choice but to regret it.
Warning investors, SEBI said that they should not engage in investment or trading activities through unregistered intermediaries/web applications/platforms/apps. It said that for any dispute related to such activities, investors will not get investor protection under the jurisdiction of SEBI or the stock market, including ‘scores’. Not only this, arrangements like online dispute resolution mechanisms, investor grievance redressal mechanisms administered by the stock market, etc. will also not be available to them.
