SEBI proposes to ban unauthorized trading tips
Posted on: 10/Oct/2016 12:11:53 PM
The Securities and Exchange Board of India ( SEBI) has proposed to ban unauthorized trading tips through SMSes, WhatsApp, Twitter, Facebook and other social media platforms, as also games, competitions and leagues relating to securities market.
The proposal for wide-ranging changes to existing rules follow mushrooming of several unauthorized entities luring gullible investors through their trading tips - including bulk SMSes, WhatsApp, Facebook, Twitter, email, blogs and various other internet and mobile-based platforms - while a number of trading leagues have also come up in the recent past.
