Sebi cancels research analyst’s license after discovering that he runs a grocery store

Capital market regulator Sebi has revoked the registration of a licensed research analyst after an investigation found serious deficiencies that allowed his credentials to be misused by an unregistered consultancy firm, exposing investors to losses and misleading claims of guaranteed returns.In an order dated December 12, Sebi canceled the registration certificate of Purooskhan, a Sebi-registered […]