New Delhi : The Securities and Exchange Board of India (SEBI) on Tuesday issued a public caution advising investors to avoid unregistered online bond platforms, warning that several entities are offering bond investment services without the mandatory regulatory approval.

Press Release |

In its release, SEBI said several fintech firms and stockbrokers have been operating as Online Bond Platform Providers without obtaining registration from recognised stock exchanges, which is a requirement laid out in the regulator's circular issued on November 14, 2022. The warning comes in the backdrop of recent newspaper advertisements promising unusually high guaranteed returns - promotions which attracted widespread criticism on social media for misleading investors.

SEBI said unregistered platform

See Full Page