The Securities and Exchange Board of India (SEBI) has imposed a ban on financial influencer Asmita Jitesh Patel, known as the 'She Wolf of the Stock Market' and the 'Options Queen', along with five other individuals. The ban is a result of allegations that Patel and her trading school provided unregistered investment advice. SEBI has also ordered the impoundment of illegal gains exceeding ₹53 crore, which is approximately $6.4 million. This action highlights ongoing regulatory scrutiny of financial influencers in India, particularly those offering stock market advice without proper registration.
#Breaking🚨 | SEBI bans company that has been listed for barely a year and its directors from the market 🏢🚫 Read more on this ⤵️ https://t.co/ORmSoVt2fR #SEBI #Ban #Company #Directors #MarketsWithMC
Who is Asmita Patel, the 'Options Queen' finfluencer banned by Sebi for providing stock tips on Instagram? https://t.co/GXJdDw7AB7
SEBI Bans Finfluencer Asmita Patel: Here’s What Her Share Market Course Cost https://t.co/qZAix1EyDq