Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account
Market regulator Securities and Exchange Board of India (SEBI) has reprimanded an investment advisor for multiple violations of the Investment Advisers regulations, including routing client funds through the personal bank account of an employee. In a 16-page order, Sebi directed Winway Research‘s proprietor Ankur Jain to be diligent and careful in his dealings as an…