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India Regulator Orders Options Trainer Avadhut Sathe to Refund INR 5.46B

Source: Bloomberg

Regulation & LegislationLegal & Litigation

India’s market regulator ordered options trader Avadhut Sathe and his trading academy to refund 5.46 billion rupees ($57.5 million) to course participants. The regulator found they provided unregistered investment advice and research services while presenting them as stock-market education.

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