What has gotten into SEBI?

This move by sebi is ridiculous. It sounds that sebi board is now completely under political and large conglomerates control. Sebi employees are prohibited from rainy trading and they can only invest in mutual funds as per sebi employees regulations. Do you think these employees of sebi have even read jack Schwager, George soros, etc…
Sounds like they are realizing the potential of f&o by seeing the middle class making huge money suddenly. Rakesh Jhunjhunwala would have never been this if he would have not traded f&o on leverage…
What is the issue with sebi? They are just trying to garb the real intentions behind this move by saying they want to protect retail investors… This is all made up… Trading is becoming accessible and people in india are improving everyday… But, middle class people reading about trend following, crossover, etc is not acceptable to our kings in power…
So they want to take away all means of creating wealth from middle class’s hands… Sebi needs to understand that speculation is necessary, leverage is necessary for retail… And what risks are they talking about?
Sudden loss in liquidity and no buyer or seller for your commodities / options / futures and retail can’t afford taking delivery… This is illogical… It doesn’t happen this way… Moreover, we have a margin to maintain with broker… Automatic squaring off also happens… Hedge fund managers trade in f&o… They don’t take delivery… And if that is the threat sebi is worried about, well it is seriously overthinking now… Liquidity can decrease, but it cannot vanish…and retail traders do know what stop losses are… They know what hedging is… They know what risk management is!! So stop being so nice to them…
Sebi should track the way prices of stocks are manipulated everyday… How vakrangee is having upper circuit /lower circuit at its whims and fancies… Why gitanjali gems be allowed to fall like that? Were sebi mechanism not efficient enough to catch a fraud before?
Do you think sebi’s disclosure requirement for public companies are sufficient to give a correct view to a retail investor? Definitely no… The language of all that is so vague that it makes no sense to a retail investor… Sebi needs to understand that Indian retail are not that dumb as it thinks it to be…
Moreover, half of the facts feeded to people are wrong… It is not correct that 90% traders lose money… This is all made up… Indian traders league gave the analysis that 55% of their retail traders have made profits… Truth is sebi and all bureaucrats are fearful of middle class’s guy taking power and so they want to make sure no source is provided to a retail trader which can turn him into a powerful being…

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IT HAPPENED AS PREDICTED :grinning:

Shouldn’t us retail investors rally against this decision?

why you people are not infront of SEBI. I m not seeing anything in news about retail traders protesting.

Look at the CBSE students, learn how to protest from them.

@p699 what do you think? will such a regulation pass? with such outrage among the trader community can sebi kill a segment all together?

My thinking is, even if they pass, they will revert back after some time. Because volumes will fall and exchanges and brokers will earn less. Some brokers might even shutter their business. Exchanges will lose volumes to SGX or Dubai. Hence, after getting hit, SEBI will revert back I think.

I do think so , SEBI actions " will hurt Option Writers the most " and will have the negative effect , ( basically option writers are HNI’s , in that sense brokers & exchanges profits come down) , SEBI is helping SGX at the cost of Indian stock exchanges , probably HNI’s shift their derivative trading to SGX . Since SGX is offering Nifty E-mini series , if i get a chance to trade on SGX , i will try there :slightly_smiling_face:

By allowing /extending trading hours to , till "midnight " by October month onwards , SEBI & its Board members " has demonstrated once again , they can do most stupid & crazy thing ":stuck_out_tongue::angry::stuck_out_tongue:

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