Investors have been warned by the Securities and Exchange Board of India (SEBI) about the risks associated with unregulated online platforms that facilitate the sale of unlisted debt securities.
SEBI stated that these platforms operate without regulatory oversight, leaving investors vulnerable to potential fraud and unfair trade practices.
SEBI's warning comes after directives were issued against three such platforms on November 18, which highlighted that their activities violate key regulations.
Investors are advised to exercise caution when dealing with these platforms.