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Sebi bans 3 individuals from securities market for unauthorised investment advisory

Capital markets regulator Sebi has barred three individuals from the securities markets for providing unauthorised investment advisory services. Besides, they have been restrained from the securities markets for six months. The present proceedings emanate from a show cause notice dated July 31, 2021 issued by Sebi to RNS Global Capital and its proprietors’ — Lakhan Chouhan, Rohit Soni and Shivani Thakur — alleging that they were engaged in unauthorised investment advisory services. Sebi had come across a website which belonged to RNS Global Capital in the archived pages as the web page is not active. On perusal of the web …

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