Alert: The market regulator Securities and Exchange Board of India (Sebi) said that fraudsters are claiming themselves as Sebi officials and are demanding money from them for redressal of grievances.
Capital market regulator sebi
There is big news for those who invest in the stock market. The market regulator Securities and Exchange Board of India (Sebi) has warned people about cheating. He said that the fraudsters are calling themselves SEBI officials and are demanding money from them to resolve the grievances of the people. The regulator has taken cognizance of such fraudsters cheating on investors and people in the name of Sebi. The regulator has warned investors and common people about such fraudsters.
Sebi said in a statement, these fraudsters allegedly offered to help in redressing the grievances of investors by falsely sending them e-mails through fake website which looks like Sebi’s official website. Has
Be cautious about the email that comes in the name of SEBI employee
According to the regulator, investors are asked for money in the name of processing fee, other fees etc. SEBI said that investors are advised to be vigilant against such fraudsters. Be cautious about e-mails coming in the name of SEBI employees and do not reply to such e-mails.
You can register your complaints here
According to the regulator, the official website of SEBI is https: cores.gov.in. Investors can lodge their complaints on this. People are advised to be careful and do not be misled by emails coming from similar fake websites.
New rules apply to curb order cancellation activities
New regulations of SEBI have come into force to curb the purchase or sale orders in the stock market fraud or spoofing. Under the new rules, if a person repeats such activities again and again, his business can be stopped from 15 minutes to 2 hours. In spoofing, stock traders place a large number of buy or sell orders. But before the execution of these orders, they cancel it.
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