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Sebi's warning leaves opinion trading apps in limbo
May 01, 2025
|Mint Mumbai
The Securities and Exchange Board of India's (Sebi) clarification that opinion trading does not fall within its purview has left platforms allowing people to bet on real-world events in a regulatory grey zone.
securities trading, such as profits, stop loss, trading, etc. "Opinion trading does not fall within Sebi's regulatory purview, as what is traded is not a security. Investors/participants should be aware that no investor protection mechanism under the securities market purview shall be available for such investment/participation," it said in the advisory.
هذه القصة من طبعة May 01, 2025 من Mint Mumbai.
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