Final order in the matter of Unregistered Investment Advisor, Mr. Mohit Gupta (Proprietor of Safe Trading)​

The Securities and Exchange Board of India (SEBI) has issued a final order against Mr. Mohit Gupta, the proprietor of Safe Trading. The regulator found that he was operating as an unregistered investment advisor, a violation of securities laws. Consequently, SEBI has barred him from the securities market for a period of 14 years and prohibited him from associating with any market intermediary.

This action serves as a stern reminder to investors about the importance of dealing only with registered professionals. It highlights SEBI's zero-tolerance policy towards unauthorised advisory services that can mislead retail investors. The order aims to protect the public from potential fraud and ensure a level playing field in the financial markets.

For investors, this case reinforces the need to verify the registration status of any advisor or broker before sharing funds or personal details. Always check the SEBI website to ensure the entity is officially registered. This due diligence is a critical step in safeguarding your hard-earned capital.