‘Opinion Trading Platforms’ provides a platform for trading their users or participants/where to manage/enter such a platform to manage where the case does not occur or not the case/no proposal.
Sebi noted that in some cases, the Opinion trading platform is designed in a way so that the investment platform looks like because they use a closely associated definition of trade in securities, for example profit, loss, trade in others.
Sebi said that the opinion is not generally in its regulatory work because the trade that is done is not security. “Investors/participants should be aware that no investors will be available for such investment/partnership under the Securities Market Pureview,” the publication states.
It continued to refer to it as “illegal” because no platform provides Opinion Trading, it could not recognize the stock exchange and is not registered or regulated.
The release said, “Any trade of securities on them is illegal (if some opinions are traded if they are qualified as security). Such platforms are responsible for taking action for violations in that case.”
It has also asked valid stock exchanges like NSE and BSE to launch appropriate action for such violations.
(Now you can subscribe to our Etmarkets WhatsApp channel)
