SEBI Cracks Down on Brokerages and Unregistered Advice – A Strong Move for Protection 2025
The Securities and Exchange Board of India (SEBI) has taken a firm step towards strengthening financial regulations. In a new circular issued on January 29, 2025, SEBI clarified that brokerages and other regulated entities (REs) can no longer engage with individuals or organizations involved in providing unregistered investment advice, even indirectly. This move aims to…