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Intensifying its crackdown on finfluencers, Sebi restrained seven entities, including Mohd Nasiruddin Ansari of 'Baap of Chart' #sebi #sharemarketindia #StockMarketUpdate https://t.co/HJ7GVbZG3Z
#MarketsWithMC | Why SEBI is trying to avoid listing of clearing corporations by proxy @ashasm explains 👇 https://t.co/Wx6yQ9BtBb #SEBI
#SEBI slams ‘Baap of Chart’ with refunds and penalties, citing risk to investors https://t.co/BaCPpASSLf
The Securities and Exchange Board of India (SEBI) has taken action against financial influencer Mohd Nasiruddin Ansari, known as 'Baap of Chart.' SEBI has ordered Ansari to refund Rs 17.2 crore to investors after it was found that he had concealed a trading loss of Rs 2.89 crore incurred over two years. The regulator cited risks to investors and imposed penalties as part of its broader crackdown on financial influencers.
