SEBI has issued an Advisory on unauthorized virtual trading / gaming platforms. SEBI is issuing this caution, advising investors to not engage with or undertake investment or trading activities through un-registered intermediaries/ web applications/ platforms / apps. The investors may note that for any kind of disputes relating to such activity, none of the following recourses will be available to investors:
- Benefits of investor protection under SEBI/ Exchange(s) Jurisdiction including SCORES.
- Investor grievance redressal mechanism administered by Exchange(s)or the online dispute resolution mechanism administered by Exchanges/Depositories (smartodr.in).
