SEBI carries out major search operation against top financial influencer
Securities and Exchange Board of India conducted a major search operation against a prominent financial influencer in Mumbai, the regulator's whole-time member, Kamlesh Varshney, revealed. "The purpose is to create deterrence and show that the regulator is watching," he said. If one is using live market data in the classroom, then they cannot do that without SEBI registration, he added.