re: Day trading Nifty & Banknifty Futures
Sebi warns public against high returns via illegal schemes
Market regulator Sebi today cautioned investors and the general public against entities making false promises of exorbitant returns through schemes being run without regulatory approvals. In a public notice, the Securities and Exchange Board of India (Sebi) observed that some companies or entities are illegally mobilising funds from the public by making false promises of exorbitant rates of return under various schemes. These companies are also indulging in issuing Cumulative Convertible Preference Shares (CCPS)and Cumulative Redeemable Preference Shares (CRPS) without the necessary authorization and regulatory approvals, Sebi said.
Read more at: http://www.moneycontrol.com/news/ma...l-schemes_1019424.html?utm_source=ref_article
Sebi warns public against high returns via illegal schemes
Market regulator Sebi today cautioned investors and the general public against entities making false promises of exorbitant returns through schemes being run without regulatory approvals. In a public notice, the Securities and Exchange Board of India (Sebi) observed that some companies or entities are illegally mobilising funds from the public by making false promises of exorbitant rates of return under various schemes. These companies are also indulging in issuing Cumulative Convertible Preference Shares (CCPS)and Cumulative Redeemable Preference Shares (CRPS) without the necessary authorization and regulatory approvals, Sebi said.
Read more at: http://www.moneycontrol.com/news/ma...l-schemes_1019424.html?utm_source=ref_article