SEBI Reviewing Algo Trading Regulations
SEBI is currently reviewing regulations for algo trading due to the increasing usage by retail clients and the marketing of such strategies as guaranteed returns. The market regulator is concerned that uncontrolled algorithms pose a risk to the market, can be manipulated for market manipulation, and may attract retail investors with promises of higher profits, according to sources familiar with the matter. This move by SEBI is aimed at ensuring a level playing field and protecting investors in the securities market. Stay tuned for updates on this evolving situation.