The regulator has asked the influencer, his partner and a private firm with which they are associated to refund the fees collected for online trading courses and slapped heavy restrictions on all concerned.
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SEBI’s interim order details how the green energy poster boy built a paper empire with investor money while living a billionaire lifestyle.
While paying heed to the growing concerns of mutual funds around how mandatory investment norms are affecting junior employees, the market regulator has ensured the industry remains accountable to investors.
Anmol Jaggi has led Gensol to disaster. As investors face the brunt of his mistakes, the only question to answer is: is he incompetent or is there malice in his actions? For any answer to emerge, he must first step aside.