People trusting shady people to manage their accounts and portfolios is one of the common ways people lose money. SEBI just issued this press release, cautioning investors about trusting unauthorised people offering Portfolio Management Services.
will sebi bring in any tougher regulations against fake PMS guys?
this says regulated PMS shd take atleast 50 lac from investors - isn’t that too much ?
Taking money in the name of training is another scam.