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Sebi warns investment advisers dealing in digital gold

Earlier, stock exchanges had directed stock brokers to discontinue the sale of digital gold on their platforms by September 10

SEBI | Digital gold | Investment advice

BS Reporter 

File photo: PTI
File photo: PTI

Market regulator on Thursday warned investment advisers that deal in and the other unregulated financial products.

“It has come to the notice of that some registered investment advisers are engaged in unregulated activity by providing a platform for dealing in unregulated products including digital gold… Investment Advisers are, hereby, advised to refrain from undertaking such unregulated activities,” the market watchdog said in a release.

Earlier, stock exchanges had directed stock brokers to discontinue the sale of on their platforms by September 10.

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First Published: Thu, October 21 2021. 17:48 IST