Is Aditya Rishab Mishra Offering Illegal Investment Advice?
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Synopsis
BSE Limited alerts investors about Aditya Rishab Mishra, who is allegedly providing unregistered investment advice. This warning emphasizes the importance of verifying intermediaries and protecting personal trading credentials.
Key Takeaways
- Verify registration: Always check if investment advisors are registered with SEBI.
- Protect credentials: Never share your trading credentials with anyone.
- Beware of risks: Unregistered schemes can lead to considerable financial losses.
- Utilize official portals: Use SEBI’s resources for investor protection.
- Market Intelligence: Report any suspicious activity through BSE's Market Intelligence portal.
New Delhi, Dec 30 (NationPress) - The BSE Limited has issued a warning to investors regarding an individual named Aditya Rishab Mishra, who is reportedly providing unauthorized investment services. Investors are strongly advised to steer clear of any products he promotes.
According to an official statement, Mishra is allegedly giving out investment and trading advice, along with account management services, without the required registration from SEBI.
"Investors should be aware that these individuals or entities are not registered as members or Authorized Persons of any registered member of BSE Limited. The Exchange offers a verification facility for checking the registration of intermediaries through the links available on its website," the statement emphasized.
Investors are further urged not to disclose their trading credentials, such as user IDs or passwords, to anyone when trading or managing their portfolios.
The BSE cautioned that such schemes carry considerable risks and do not offer investor protection or dispute resolution options. It recommended that investors verify the registration status of intermediaries or the enlistment of Investment Advisors (IAs) or Research Analysts (RAs) on its website.
Additionally, the BSE has consistently encouraged investors to utilize SEBI’s portal for accessing investor protection and dispute resolution services.
It is important to note that engaging in these unauthorized schemes is at the investors’ own risk, cost, and consequences, as these schemes are neither sanctioned nor endorsed by the Exchange.
Recently, SEBI has also raised alarms about unregistered investment advisory services being offered by entities that falsely assert registration with SEBI or display counterfeit certificates supposedly issued by the regulator.
To combat market manipulation, a Market Intelligence portal has been established for market participants to report any market abuse.
Furthermore, SEBI has prohibited its registered intermediaries and their agents from associating in any capacity, either financially or otherwise, with unregistered entities for the promotion or advertisement of their services.
Point of View
It's vital for investors to remain vigilant against unauthorized investment schemes. The BSE's timely warning highlights the need for due diligence and verification of advisory services to protect individual financial interests.
NationPress
10/01/2026
Frequently Asked Questions
Who is Aditya Rishab Mishra?
Aditya Rishab Mishra is an individual allegedly offering illegal investment and trading advice without the necessary SEBI registration.
What should investors do?
Investors should avoid engaging with unregistered advisors, verify their registration status, and protect their trading credentials.
What are the risks of unregistered investment services?
These services carry significant risks and do not provide any investor protection or dispute resolution mechanisms.
