Google Play Store to Show Verified Labels for SEBI-Registered Entities in India

The move targets fraudulent trading apps by identifying entities registered with SEBI (India securities regulator) on Google Play Store in India.

Summary

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Terms & Concepts
  • SEBI: SEBI is India’s securities regulator, overseeing securities markets and registered market participants.
  • Verified label: A platform marker used to identify an entity that has met a specified verification or registration standard.
  • Fraudulent trading apps: Apps that falsely present investment or trading services, often to mislead users or steal funds.