iCharts Discussions

[vinay28]

Admin, will this "hurt" forums such as icharts?

http://www.thehindubusinessline.com/markets/from-dec-1-only-registered-analysts-can-give-recommendations-sebi/article6643934.ece

[apka]

[vinay28]

[pkholla]

Vinay: There must be a difference between public and open forums like Times of India investment page and a closed (and restricted to members) body like IC. Otherwise you may get penalised by SEBI for sending me a PM in response to a query from me!
What is interesting is what will happen to public opinions page in moneycontrol and similar websites where all sorts of comments appear ranging from Tulsiyan to newbie who started punting y'day!
Prakash Holla

[vinay28]

Prakash, one thing is sure and that is sebi has succeeded in confusing and scaring one and all considering the huge number of posts I am seeing on other forums and FB groups. So, they have got the desired results.

remember domino theory?

[apka]

Well I'm just gonna word my queries as "Vinay are you buying nifty for trgt 8750?"... Then he is replying to a question of his trade and not giving a tip

Below is a reply from elsewhere:

[quote]
This is not new.. Going on from last one year.. Every country has these rules. which are good for investors. we welcome these steps. As a Discussion forum, we will have to just register as forum. But those who give paid services need to register with SEBI as analyst / advisors. But those investors who hold shares and want to discuss about those companies, for them no registration will be required. This is the standard practice in other countries. So hope it would be same here.

[vinay28]

[pkholla]

Well, I think all this is a new line for FinMin to GOUGE money from our pockets. My broker shows 20+ entries for one day's trading when he sends me a copy of my ledger. So once you are registered with SEBI, dhamaal starts for the advisor. I wonder whether my broker needs to register as advisor as often clients (incl me) ask for marg-darshan
Svc T, STT, Sales T, Stamp duty, SEBI chg, NSE chg, edu cess* 2%, edu cess* 1%, herana , pherana, submit return as per format before 31 March electronically to fool@idiot.gov with snail mail copy to idiot. fool.gov at PIN 420420. If we dont ack within 15 days please send snail mail once again
* Started by UPA to please Commie Finks when their support was essential. Not removed after Commie Finks removed support. Neither has NDA removed this INSANE tax.
** I hear NDA may start a Swach Sochalya Tax to finance Modi's dream project: andar-wali sauch facility!

[rameshraja]

Mr Vinay / Mr Apka

Its for Research Analysts of fundamental analysis..

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1385713647782.pdf

Read carefully above link..


Therefore, you can continue to give your opinion for Nifty Future to crash to 2000 or blast to 20000

[apka]

[welgro]

it is already published in the gazette of india dated 1st september 2014

Please go through this ..

http://www.sebi.gov.in/cms/sebi_data/commondocs/RESEARCHANALYSTS-regulations_p.pdf

[nakum]

[SwingTrader]

[vinay28]

thanks Mr Raja and ST. I have read the doc. As I read it, any post can be considered by sebi as objectionable. So caution is the best preventive medicine.

welgro, yes it came in sept but is applicable w.e.f. from 1/12 and hence I raised it before that.

[welgro]

Sebi asks Moneyworld to stop providing investment advice


http://www.business-standard.com/article/pti-stories/sebi-asks-moneyworld-to-stop-providing-investment-advice-114120300509_1.html