SEBI Cancels Investment Advisory Registration of Indore-based Trade India Research, Proprietor Neha Gupta
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the investment advisory registration of Indore-based Trade India Research and its proprietor Neha Gupta (noticee), for violating various rules and regulations. SEBI investigation found that Trade India Research committed serious contraventions, including charging unreasonable and unfair fees from clients, promising unrealistic and exorbitant returns to clients, even promising to 'fulfil dreams' and misleading clients on the scale of operations.
Source: moneylife.in