Sebi raps finfluencers, 8,890 misleading securities market posts flagged for legal action

I received a message from a business that their stock recommendation had doubled in less than a year. Out of curiosity, I replied asking for more information. I received a call from them today, stating that they have a stock recommendation ready with market research, which will be sent to me on Monday. Once I make an investment with my stock brokerage, I just have to inform them about my investment with a screenshot. They are expecting me to pay them 10% of the profit I earn after a few months of holding the stock. I said okay, but the skeptic in me is telling me that this is a scam, a 'pump and dump' scheme. Now I am going to do my due diligence on the stock recommendation, but is it legal? Will I be breaking any SEBI (Securities and Exchange Board of India) rules by investing based on recommendations from businesses like these? How can I avoid being part of pump and dump schemes even after doing my due diligence on stock? Any advice is appreciated.

What are the reasons that people are still now trading or investing in stock market directly

Recently noticed that the Angel One ads on YouTube mention that to avoid volatility of the stock market one should trade in futures and options. Isn't SEBI supposed to not allow such misleading ads?

- SEBI has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and board members over alleged fact misrepresentation during the IPO. - The probe, initiated by inputs from RBI, questions Sharma's compliance with promoter classification norms. - Paytm clarified that this is not a new development and has been disclosed in financial results for March and June 2024 quarters. - SEBI's notices relate to Sharma's eligibility for ESOPs post-IPO, with allegations he should have been classified as a promoter. - The fintech major has faced regulatory challenges, including a recent fine of INR 47.12 Lakh for unpaid stamp duties. Source: [Inc42](https://inc42.com/buzz/fresh-trouble-for-paytm-as-sebi-issues-show-cause-notices-alleging-fact-misrepresentation-during-ipo/)

It’s high time Kamath brothers should focus on product. Some recent zero-goof ups - 1. A simple disclaimer (as mandated by SEBI) is popping up every time. Other brokers provided a check box with not to show this again. Don’t know how long it will take zerodha to solve this friction point 2. SEBI investigations revealed they are using a 4 Mbps line which led to multiple trade losses 3. Groww is inching closer on the active users, in fact they launched the index fund before zerodha I know both brothers have made generational wealth and keep making more money in times to come. Still want zerodha to focus and work for a better product.

Sebi chairman gives warning to MF investors, kare to kare kya, jaye toh jaye kha?