NSE Issued Advisory to Investors
It has come to the notice of the Exchange that some unregistered entities and unregulated internet-based platforms are targeting gullible investors with false promises of high/exorbitant returns on their investment schemes/ products.
Investors are advised to deal only with SEBI registered Stockbrokers and check the registration details of the said entity they are dealing with since it allows recourse to regulatory action.
Investors are advised not to transfer funds or securities to the stockbroker under any arrangement/ agreement of indicative/assured/guaranteed returns.
Investors are alerted not to fall prey to fraudsters sending emails and SMSs luring to trade in stocks/ Securities promising huge profits or trading in unregistered schemes/ products.
Investors are advised to refrain from any investments/dealings arising out of a contract in securities which are not permitted, or which are not made subject to Bye Laws, Rules and Regulations of the Exchange.
Investors are also cautioned not to transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.