SEBI building in Mumbai's BKC. (Image source: Agnidev Bhattacharya/ NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Markets regulator the Securities and Exchange Board of India (SEBI) on Wednesday asked investors to exercise caution and avoid transacting on unregistered online bond platforms, saying they lack regulatory oversight and do not provide for any mechanisms for investor protection.

In its statement, the regulator asked investors to verify the registration status of the Online Bond Platform Providers (OBPPs) prior to transacting, and deal only with SEBI-registered entities, in order to safeguard their interests.

Additionally, all market participants have been cautioned to ensure compliance with the applicable regulatory framework prior to offering

See Full Page