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Sebi: Sebi crackdown reinforces need for registration

On November 22, the market regulator penalised and barred P Krishnakumar and Jagadeeshan S for a year for giving illegal investment advisory services and ordered them to refund over ₹30 lakh collected as fees through astrology-based prediction packages sold on the website www.ymforecast.com. The two were found to be acting as investment advisors without being registered as such with Sebi. ....

Indrodeep Banerjee , Deepanshu Giri , Manish Bhatt , Institute Of Financial Astrology , Intelligence Group , Exchange Board Of India Sebi , Exchange Board , Investment Advisors Regulations , Lucknow Based Indrodeep Banerjee , Financial Astrology , Lunar Astro , Stock Market ,