SEBI chief warns against unregistered advisors, digital dabba trading amid surge in investor scams
SEBI Chairman Tuhin Kanta Pandey stressed the need to strengthen investor protection, warning that unregistered advisory groups continue to lure individuals into unsafe trading channels and that dabba trading keeps resurfacing in new digital forms.
Addressing a regional investor awareness seminar organised by the BSE in Coimbatore on Thursday, Pandey said the challenge has intensified in an age where misinformation spreads faster than facts. Fraudulent trading apps look convincing, digital profiles mimic legitimacy, and guaranteed-return schemes promise what no regulated market can offer.
