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Securities and Exchange Board of India (SEBI) has announced a couple of measures to take disciplinary measures on investment advisors and analysts making misleading advertisements or claims in order to solicit investments. Sebi prohibited the use of terms like ‘Best’, ‘No. 1’, ‘Top’, ‘leading’, and ‘one of the best amongst market leaders’, among others in any form of advertisement. It has prescribed additional compliance requirements, including the need to retain the copy of advertisements for five years and refraining from reference of past performance. Investment advisors and research analysts have been asked to seek prior approval of the advertisement from a SEBI-recognised supervisory body before issuing it. The registered entities have also been directed not to engage in games, leagues, competitions or schemes which involve any kind of gift, medals or prize money. In view of investor protection, biased, deceptive claims, statements which may be based on assumptions and projections, and use of misleading testimonials have also been restricted. Statements which directly or indirectly discredit other advertisements or makes unfair comparisons or ascribes any qualitative advantage over other intermediaries directly or indirectly, have also been prohibited. SEBI has also directed the investment advisors and analysts to not extensively use technical terminology or complex language, indicating that this could exploit the lack of experience or knowledge of the investors.
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performed ...
Six friends K, L, M, N, O and P are sitting in two rows; both the rows are facing north. Four friends are in the first row, whereas two friends are in t...
Which of the following numbers will replace the question mark (?) in the given series?
55, 68, 82, ?, 113, 130
A team of 5 members is to be selected from 6 men A, B, C, D, E and F and 6 women P, Q, R, S, T and U, C and U have to be selected together. If B is sele...
Which of the following numbers will replace the question mark (?) in the given series?
144, 127, 110, ?, 76, 59
Four of the following five are alike in a certain way and hence form a group. Which is the one that does not belong to that group?
A is taller than B but shorter than C. D is shorter than A but taller than B. Who is the tallest?
Select the set in which the numbers are related in the same way as are the numbers of the following sets. (NOTE: Operations should be performed on the w...
If ‘ADMONISH’ is coded as ‘DAOMINHS’ in a particular language, then how will ‘REPEATED’ be coded in the same language?
...
Which diagram correctly represents the relationship of pigeons, birds, dogs?
