SEBI Bars Over 40 Entities That Used YouTube Videos to Manipulate Stocks
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SEBI Bars Over 40 Entities That Used YouTube Videos to Manipulate Stocks
These entities — a mix of traders and market analysts — used four YouTube channels to market stocks, according to the regulator.
Mar 1, 2023
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226 reactions · 16 shares | The Securities and Exchange Board of India (Sebi) has imposed a ₹5 lakh penalty on Bollywood actor Arshad Warsi and barred him from trading in the securities market for one year for his role in a stock manipulation scheme involving Sadhna Broadcast Ltd (SBL). He, his wife Maria Goretti Warsi and brother Iqbal Warsi were among 64 individuals and entities named in Sebi’s 109-page order, issued on 29 May. | Anant Ladha | Facebook
226 reactions · 16 shares | The Securities and Exchange Board of India (Sebi) has imposed a ₹5 lakh penalty on Bollywood actor Arshad Warsi and barred him from trading in the securities market for one year for his role in a stock manipulation scheme involving Sadhna Broadcast Ltd (SBL). He, his wife Maria Goretti Warsi and brother Iqbal Warsi were among 64 individuals and entities named in Sebi’s 109-page order, issued on 29 May. | Anant Ladha | Facebook
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