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Home»NEWS»Be careful who invest money in the stock market, call yourself an official of SEBI, fraudulent investors are being looted like this
NEWS

Be careful who invest money in the stock market, call yourself an official of SEBI, fraudulent investors are being looted like this

Bhagyashree SoniBy Bhagyashree SoniApril 13, 2021No Comments2 Mins Read
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NRIs are very much in the scheme of the Government: M Damodaran, Chairman, Excellence Enablers and former Chairman of SEBI
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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.

read this also- RBI imposed penalty on co-operative bank of Bihar, this mistake in exchange of 500 and 1000 rupee notes

read this also- This government bank is giving 0.25% more interest on FD to those who have been vaccinated, introduced special deposit scheme

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Bhagyashree Soni
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Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

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