The Securities and Exchange Board of India (Sebi) has taken action against three entities involved in selling trading recommendations without registration. The entities, including self-claimed investment wizard Mohammad Nasiruddin Ansari, have been barred from the market and ordered to return Rs 17.2 crore to investors. Sebi found that Ansari provided stock recommendations under the guise of market-related educational training. The regulator has been cracking down on unauthorised investment advisers.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9HjXxES
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