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Sebi warns of no regulatory recourse for investors trading in unlisted securities

As reported by Stocks-Markets-Economic Times
Sebi has cautioned investors against trading unlisted securities through unauthorized websites and electronic platforms. The regulator said such platforms operate outside its oversight, leaving investors without regulatory safeguards, grievance redressal mechanisms or access to investor protection benefits.
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Sebi has issued a warning to investors regarding trading in unlisted securities via unauthorized websites and electronic platforms. The market regulator emphasized that these platforms fall outside its regulatory purview, meaning investors will not have access to crucial…

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