Yields Up Last Fortnight

Bond yields have increased by 5bps to 10bps in a fortnight. You can still find some bonds...

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G-Sec Yields Up

The 10-year benchmark government security (G-Sec) yield, which sets the tone of the...

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Regulation: Beware of Fraudsters Posing as SEBI Officers!
To take investors for a ride, some scamsters have begun posing as officers from the capital market watchdog, Securities and Exchange Board of India (SEBI), to sell fraudulent investment schemes and are even promising gifts and bonus payouts.
 
These fraudulent schemes have, however, already come to the notice of SEBI and the regulator has cautioned investors and the general public against such scams and frauds. SEBI said that it is a regulatory body established to protect the interest of the small investors and to regulate and promote the capital markets. It does not “involve directly or indirectly in dealing with any kind of financial product or insurance policy.”
 
SEBI, which has intensified its clampdown on various kinds of schemes aimed at defrauding gullible investors, has also urged the general public to immediately report the matter to the police so that miscreants can be taken to task. The regulator said, “It has come to the notice of SEBI that certain unidentified persons posing as SEBI officials are advising public to invest in insurance policy/financial products to avail bonus, gifts, promotional offers or other such offers.”

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