Here’s why SEBI ordered finfluencer ‘Baap of Charts ... - The Week
1 day ago · Importantly, it was observed that Nasir, who presented himself as a stock market expert and claimed Baap of Chart’s recommendations had 95 per cent accuracy, had, in fact, incurred a net trading loss of over Rs 2.89 crore between January 01, 2021, to July 07, 2023.
The Case Against 'Baap of Chart' - Goodreturns
1 day ago · The Case Against 'Baap of Chart' Ansari, a prominent figure on social media platform X (formerly Twitter), marketed himself as a stock market expert, providing buy and sell recommendations ...
Sebi Takes Action Against Finfluencers: 'Baap of Charts' Among
1 day ago · Sebi also directed the entities — Nasiruddin Ansari, Rahul Rao Padamati, Tabraiz Abdullah, Asif Iqbal Wani, Golden Syndicate Ventures Pvt Ltd (GSVPL), Mansha Abdullah and Jadav Vamshi — to refund Rs 17.2 crore within three months.. Ansari runs a profile on social media platform X (formerly Twitter) by the name of ‘Baap of Chart’ where he used to offer buy/sell recommendations in the ...
SEBI Bans Finfluencer Nasir Ansari of 'Baap of Charts', 6 Others …
1 day ago · While restraining seven entities, including Mohd Nasiruddin Ansari, who ran unauthorised investment advisory services in the name of 'Baap of Chart', for up to one year, market regulator Securities and Exchange Board of India (SEBI) directed them to refund within three months Rs17.2 crore collected from investors.
SEBI tightens screws on finfluencers; Baap of Chart among 7 …
1 day ago · In a fresh crackdown on finfluencers, SEBI has issued final order against seven entities, including Baap of Chart (BOC), a once-popular social media page in the trading community. The regulator has convicted seven entities, associated with the channel, of perpetrating a ₹17.2 crore fraud. It imposed a total penalty of ₹32 lakh on the ...
SEBI slams ‘Baap of Chart’ with refunds and penalties ... - CNBCTV18
1 day ago · The Securities and Exchange Board of India (SEBI) has ordered the operators of the ‘Baap of Chart’ platform to refund over ₹17 crore to investors for their unregistered investment advisory services. The market regulator has set a three-month deadline for …
Sebi orders finfluencer 'Baap of Chart' to refund fee collected …
1 day ago · The regulator further said the Baap of Chart and associates will issue a public notice in all editions of two national newspapers (one English and one Hindi) and in one local newspaper in vernacular language with wide circulation, detailing the modalities for making the claim for refund, including the details of contact person such as name, addresses and contact details.
Explained: Who is Baap of Chart and why is Sebi cracking down …
Oct 26, 2023 · Markets regulator Sebi 's decision to ban Mohammad Nasiruddin Ansari from the securities market and impound alleged illegal gains worth Rs 17.2 crore has once again turned the spotlight on finfluencers posing as gurus on social media platforms.
Explained: Why Sebi barred ‘Baap of Chart' Nasiruddin Ansari …
Oct 26, 2023 · It revealed that Mohammad Nasiruddin Ansari, who operates under the name 'Baap of Chart,' was ostensibly providing educational training on securities but was, in fact, making stock recommendations in a misleading manner.
Sebi bans Baap of Chart from securities market, orders refund of …
Oct 25, 2023 · Market regulator Securities Exchange Board of India (SEBI) banned Mohammad Nasiruddin Ansari from the securities market. Ansari runs a profile on social media platform X (formerly Twitter) by the...
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