SEBI cautions Investors against dealing with unregulated platforms offering Algorithmic Trading
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- By Chetan Kulasri
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- Last Updated on 14 June, 2022
Latest from Taxmann
Press Release PR No.20/2022, Dated: 10.06.2022
SEBI noticed that many unregulated platforms are offering investors Algorithmic Trading services to automate their trades. Strategies are being marketed with “claims” of huge return on investment and claims that similar returns would be earned in the future. In this regard, the SEBI has cautioned Investors against dealing with such unregulated platforms as there is no investor grievance redressal mechanism covering their activities and cautioned against sharing any sensitive personal details.
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