Business News | SEBI, NSE Step Up Investor Awareness on Investment Frauds, Verified Apps
Get latest articles and stories on Business at LatestLY. The Securities and Exchange Board of India (SEBI) and the National Stock Exchange (NSE), along with other securities market participants, are stepping up investor awareness efforts with a focus on preventing investment frauds and promoting safer participation in the securities market.
New Delhi [India], August 18 (ANI): The Securities and Exchange Board of India (SEBI) and the National Stock Exchange (NSE), along with other securities market participants, are stepping up investor awareness efforts with a focus on preventing investment frauds and promoting safer participation in the securities market.
The investor awareness initiative focuses on helping people identify and avoid investment frauds and scams, make informed investment decisions and understand their rights and responsibilities as investors, according to an NSE press release.
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It also seeks to create awareness about SEBI-verified apps and grievance redressal mechanisms available to investors, while providing information on the basics of financial planning and investing.
The initiative comes as SEBI and market institutions seek to make information on safe investing more accessible, particularly for young adults, families and first-time investors.
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According to the release, investors are being provided simplified educational material and encouraged to participate in awareness activities aimed at making financial concepts easier to understand.
NSE said informed investing requires "knowledge, discipline, patience and informed decision-making", highlighting the importance of investors understanding risks before participating in the securities market.
Investor protection is another key focus of the initiative, with NSE seeking to educate people about safe and responsible participation in securities markets and the mechanisms available to them for resolving grievances.
The exchange said collaboration among securities market participants is important for taking investor education and protection messages to people across different communities and geographies.
NSE said it will continue investor-awareness programmes across multiple platforms and formats to promote financial literacy and responsible market participation.
It added that these initiatives are aimed at helping investors "recognise and avoid fraudulent activities" and contributing towards "building a secure, transparent and informed investment ecosystem." (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)