Sebi Plans online disclosure of cos’ names, registration numbers

Mumbai The Securities and Exchange Board of India (Sebi) has proposed that all regulated entities and their agents disclose their registered names and registration number on social media platforms. "There has been a proliferating increase in frauds related to the securities market taking place on social media platforms," Sebi said on Friday in a consultation paper. The regulator said it has observed that unregistered persons have been perpetrating frauds in the securities market by way of misleading social media content.