Sebi warns against trading in unlisted securities on unauthorised platforms
Millennium Post Delhi|December 10 2024
Markets regulator Sebi on Monday warned investors against conducting transactions in securities of unlisted public limited companies on unauthorised electronic platforms and websites.
Sebi warns against trading in unlisted securities on unauthorised platforms

NEW DELHI:

The markets watchdog highlighted that such activities violate the Securities Contracts (Regulation) Act, 1956, and the SEBI Act, 1992, both aimed at safeguarding the interests of investors in the securities market.

In its statement, Sebi noted that some electronic platforms are facilitating the trading of unlisted securities without proper authorisation.

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