Market regulator Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of Podium Market Research and its proprietor, Suman Kumar, for three months. The action follows a detailed enquiry into alleged regulatory violations by the SEBI-registered investment adviser. Podium Market Research came under scrutiny following complaints lodged on SEBI SCORES portal, which were analysed for potential breaches of the SEBI (Investment Advisers) Regulations, 2013 (IA Regulations), the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003 (PFUTP Regulations), and related circulars. The alleged violations included the failure to maintain the confidentiality of client complaints and the collection of goods and services tax (GST) without pro

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