SEBI cautions public to deal with only SEBI registered investment advisers and research analysts
Moneylife Digital Team 10 June 2016
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:
 
 
Comments
jobmailnitish
6 years ago
Mohit Gupta YouTuber
Number 1 Fraud from Gorakhpur Uttar Pradesh....In 2019 From more than 350 People he took charges 10,000 per month near about 3 months and eraned more than 1 carore rupees, and made clients account half of the capital by promissing 350+ Points in Crudeoil per month....Whenever I comment on his video to stop this , he uses abusive gandi language to me via what's up ....I have screenshot s in which he commented on his YouTube comments to people that he does not care about Sebi as well as Police F.I.R also.....So many youth of age 18 to above are traping in his daily New Experience.....Now he started for banknifty as he now fall down confidence in Crudeoil.....

This is the link of his YouTube channel
https://youtu.be/pAQNAAmnvZU
In the comments Raj Shetty s read all comments.....I already complained to sebi against him , but no action is taken from last 3 months...
Ashish Gupta
8 years ago
Please never ever fall for them as advisory as all of them are idiots. Their technical staff is just a sham and giving fake calls. All they do is ask for money in advance for calls. First they will ask for a small amount and then they will slowly ask for more money and then more money and then more money without ever caring for giving any tips . Inki Aukat 100 rupey ki nhi hai, aur kahte hain profit karwayenge 2 lakh- 4.5 lakh ka . After giving them money for a 1lakh rupee call they say that the profit margin has increased so the company has increased the cost of call as the profit margin has increased. Their compliance department is also fake. They say don't listen to the people who call although they are their own employees.

WARNING :- NEVER TRADE ON THEIR CALLS

Phone nos from which calls will come are

Rohit and Sandeep
7314772334
7314772543
7131750211

compliance (ankita)
7314252808
Vijay Ramachandran
10 years ago
Pls confirm for capitalheight.com
Based in Indore , I keep getting calls for trying them out. Will someone let me know please.
Ashish Gupta
Replied to Vijay Ramachandran comment 8 years ago
Please never ever fall for them as advisory as all of them are idiots. Their technical staff is just a sham and giving fake calls. All they do is ask for money in advance for calls. First they will ask for a small amount and then they will slowly ask for more money and then more money and then more money without ever caring for giving any tips . Inki Aukat 100 rupey ki nhi hai, aur kahte hain profit karwayenge 2 lakh- 4.5 lakh ka . After giving them money for a 1lakh rupee call they say that the profit margin has increased so the company has increased the cost of call as the profit margin has increased. Their compliance department is also fake. They say don't listen to the people who call although they are their own employees.

WARNING :- NEVER TRADE ON THEIR CALLS

Phone nos from which calls will come are

Rohit and Sandeep
7314772334
7314772543
7131750211

compliance (ankita)
7314252808
Nilesh KAMERKAR
10 years 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
10 years ago
SEBI just give cautious note but dare not to act on complaints,the truth known to regulator itself.
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