SEBI Orders Action Against Trading Academy for Alleged Unregulated Investment Advice
3 hours agoBusiness
56LENS
1 Sources
TBNthebalanced.news
SEBI Orders Action Against Trading Academy for Alleged Unregulated Investment Advice

The Securities and Exchange Board of India (SEBI) has issued an order against Avadhut Sathe Trading Academy, a finfluencer-led platform. SEBI alleges the academy blurred the lines between stock market education and unregulated investment advice. The order cites examples from a live trading session where the finfluencer appeared to provide specific trade recommendations, including selling puts and going long on crude oil futures, which SEBI suggests goes beyond permissible educational activities.

Political Bias
3%80%17%
Sentiment
35%