November 26, 2024 02:25 (IST)
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SEBI directs regulated entities to scrap ties with unregistered advisors

SEBI directs regulated entities to scrap ties with unregistered advisors

Mumbai: Entities regulated by the Securities and Exchange Board of India (Sebi) and their agents have been instructed to sever ties with individuals offering investment advice or recommendations without being registered with the regulator, as well as with those making performance or returns claims without regulatory approval.