New Delhi, May 2 -- This week, the markets regulator issued a note advising investors to stay away from 'opinion trading' platforms, warning that it does not regulate these entities. Why is the Securities and Exchange Board of India (Sebi) unhappy about opinion trading? Mint explains.
Also Read | Mint Primer: US GDP contracts 0.3% in Q1-why the IMF still sees no recession
Sebi told investors that 'opinion trading' platforms use the terminology and structures taken from regulated markets, including terms such as 'profits', 'stop loss', and 'trading'. These phrases make opinion trading platforms seem like they are similar to regular trading platforms allowing trade in stocks, bonds, and other financial securities. However, Sebi warned, an...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.