SEBI cautions investors against unauthorised virtual trading, gaming platforms

Quick Summary:

In a statement, SEBI reiterated that the public can invest and undertake trading activities in the securities markets only through/with registered intermediaries.

Earlier in August 2016, SEBI had cautioned the public against leagues/schemes/competitions related to securities markets, which might involve the distribution of prize money.

Such activities are in violation of the Securities Contract (Regulation) Act, 1956 and SEBI Act, 1992 which are laws designed to protect investors, the regulator said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Sebi Privacy Investors Public Policy Activities Data Securities Registered Markets Trading

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 14:23:58 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 233 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23400485

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 30 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions