INVESTMENT PROTECTION STARTS WITH YOU

HE Securities and Exchange Board of India, the stock market regulator, has warned about unscrupulous entities using social media platforms to fool you.

- RAJAS KELKAR

HE Securities and Exchange Board of India, the stock market regulator, has warned about unscrupulous entities using social media platforms to fool you. They add you to the so-called 'VIP' groups posing as experts advising rich people. You are then asked to put money into accounts promising higher returns.

In a world where those who cheat have access to technology, you, too, can use the same weapon to protect yourself. If you say 'you are unaware', it is no longer than an excuse. The online world is rich enough to provide basic knowledge of factors influencing your investments. The role of regulators is to provide you with early warning signals. However, the onus is on you to utilize the resources at your disposal.