Sebi clarifies: Certain digital platforms exempt from registration
The Securities and Exchange Board of India (Sebi) has put forth new proposals with the goal of preventing the misuse of digital platforms for stock market manipulation, malpractices, or unauthorized investment advice.
These proposed regulations are aimed at ensuring the integrity and transparency of the stock market, as well as protecting investors from potential risks associated with online trading.
One of the key proposals is to require all market participants using digital platforms for trading or investment advice to adhere to strict guidelines and regulations set forth by Sebi. This includes ensuring that only registered and authorized individuals or entities are providing investment advice on these platforms.
Additionally, Sebi is looking to implement measures that would enhance surveillance and monitoring of digital platforms to detect any potential market manipulation or malpractices. This could involve the use of advanced technology and analytics to track and analyze trading patterns and activities.
Overall, these proposals are designed to safeguard the interests of investors and maintain the integrity of the stock market in India. By implementing these regulations, Sebi aims to create a level playing field for all market participants and promote a fair and transparent trading environment. Investors can rest assured that steps are being taken to protect their investments and prevent any potential misconduct on digital platforms.
