Sebi’s slap on the knuckles: Investment advisor called in for diverting client money through employee account

Markets regulator Securities and Exchange Board of India (SEBI) has reprimanded an investment adviser for multiple violations of investment adviser regulations, including routing client money through an employee’s personal bank account.In a 16-page order, Sebi directed Winway Research owner Ankur Jain to be diligent and cautious in his dealings as an investment advisor. The regulator […]