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Sebi warns against dealing with ‘opinion trading platforms’

Sebi on Tuesday cautioned the public against engaging with ‘opinion trading platforms’, warning that such entities fall outside the ambit of its regulatory oversight and offer no investor protection under the securities law framework. In a public advisory, Sebi said,...

PTI

New Delhi, Updated At : 04:39 AM Apr 30, 2025 IST

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Sebi on Tuesday cautioned the public against engaging with ‘opinion trading platforms’, warning that such entities fall outside the ambit of its regulatory oversight and offer no investor protection under the securities law framework.

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In a public advisory, Sebi said, “some platforms known as ‘opinion trading platforms’ provide their users/participants a platform to trade/enter into arrangements wherein the payout is dependent on the outcome of a yes/no proposition of happening or not happening of the underlying event.”

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The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

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