Regulations
SEBI cautions public to deal with only SEBI registered investment advisers and research analysts
Investors are advised to check the registration status of an entity/person on the SEBI (Securities and Exchange Board of India) website before availing investment advisory services/ research services. The general public has been cautioned to deal with only SEBI registered investment advisers and research analysts for availing investment advisory services/ research services, according to a release from SEBI. The details of SEBI registered investment advisers and research analysts are available on the SEBI website www.sebi.gov.in.
 
According to SEBI, the general public should also be wary of trading in the securities markets based on the tips/recommendations provided by unregistered entity/person and should not get attracted or lured by such trading tips and stock specific recommendations received through Short Message Services (SMSs). The same caution is required for tips obtained through public media including websites or through social networking media. Informed investment decisions should be taken by investors without being influenced by messages or by misleading advertisements through websites, mass messaging, emails and telephone calls, which solicit investments and/ or promise unrealistic returns.
 
Apart from cautioning investors, SEBI has also warned unregistered advisers and analysts. No person shall act as an investment adviser or a research analyst unless he has obtained a certificate of registration from SEBI. Acting as such without registration with SEBI may entail initiation of action as deemed appropriate under the SEBI Act, 1992. The list of entities against whom orders have been passed since September 2014 is given below:
 
 

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COMMENTS

Vijay Ramachandran

6 months ago

Pls confirm for capitalheight.com
Based in Indore , I keep getting calls for trying them out. Will someone let me know please.

Nilesh KAMERKAR

6 months ago

Not a word about how SEBI intends to deal with 'Non-performing RIAs'.

Non-performing RIA may be defined as those who fail to deliver over a 5 yrs period, at least as much returns as generated by a 5 yr SBI Fixed Deposit.

Vaibhav Dhoka

6 months ago

SEBI just give cautious note but dare not to act on complaints,the truth known to regulator itself.

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