Performance/return claimed by unregulated platforms offering algorithmic strategies for trading

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....fering algorithmic strategies for trading 1. It has come to the notice of the Securities and Exchange Board of India (SEBI) that some unregulated platforms are offering algorithmic trading services/strategies to investors for automated execution of trades. Such services and strategies are being marketed with "claims" of high returns on investment. Further, "ratings" have been assigned to the stra....

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....rn/performance of the algorithm; and/or 4.1.2. directly or indirectly associate with any platform providing any reference to the past or expected future return/performance of the algorithm. 4.2. Stock brokers who are directly/indirectly referring to any past or expected future return/performance of an algorithm or are associated with any platform providing such reference, shall remove the same....