NCLAT: Cannot Withhold Income Tax Refund Received by Bank During CIRP In CD's Account  ||  All. HC: With S. 111 of BNS Covering 'Organised Crime' It Appears Gangsters Act has become Redundant  ||  P&H HC: Cannot Allow Changes in Admission Form after Submission  ||  Bom. HC: Findings in Criminal Proceedings Cannot Be Relied Upon While Adjudicating Civil Proceedings  ||  P&H HC Directs Jail Authorities to Decide Parole Applications within Four Months  ||  Allahabad HC: Merely Supporting Pakistan Will Not Prima Facie Attract Section 152 of BNS  ||  HP HC Upholds Wife’s Claim of Adverse Possession after Husband’s Death  ||  Patna HC: Maintenance may be Allowed in Disputed Marriages if Relationship Was Socially Accepted  ||  Karnataka HC: State to Respond in 3 Weeks regarding Mandatory Teaching of Kannada  ||  Delhi HC: Husband Unhappy in Marriage is No Proof of Abetment of Suicide    

SEBI cautions public against dealing with unregistered entities- (Securities and Exchange Board of India) (13 Feb 2024)

MANU/SPRL/0001/2024

Capital Market

The Securities and Exchange Board of India (SEBI) has observed a rising trend of unscrupulous entities and online platforms that falsely claim to be registered with SEBI as intermediaries. These entities often entice the general public by showcasing fake certificates purportedly issued by SEBI and promising or implying assured, high returns on investments.

SEBI hereby cautions investors against placing their money with any entity based on such claims. Investors are urged to conduct due diligence and verify the registration status of any entity claiming to be a SEBI-registered intermediary. It is imperative for investors to understand that investments offering high returns usually involve high risk including fraud risk and there can be no guarantees of assured returns in the securities market.

While investing in securities market, investors are advised to;

i. Verify before investing: Before engaging with any investment service provider, investors are strongly advised to verify the entity's registration status on the SEBI website (www.sebi.gov.in) by following the below path → www.sebi.gov.in → Intermediaries / Market Infrastructure Institutions → Recognised Intermediaries.

ii. Beware of promises of high returns: Investors should be cautious of any entity that promises assured or exceptionally high returns. The principle of 'higher returns come with higher risks of losing your money all-together' holds true in the securities market.

iii. Verify enforcement action by SEBI: The details of any enforcement action taken by SEBI against any entity/ intermediary is available on SEBI website on the following path → www.sebi.gov.in → Enforcement → Orders.

iv. Be well informed: SEBI encourages investors to empower themselves with knowledge about the securities market for a safer investment journey. Knowledge is your best defense against fraud. For comprehensive resources on understanding the basics of investing, recognizing the importance of dealing with registered intermediaries, and more, please visit SEBI's investor education website at https://investor.sebi.gov.in.

Tags : UNREGISTERED ENTITIES   FAKE CERTIFICATES   CAUTIONS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved