Sebi chief rejects aptitude test for retail traders in F&O segment

Q: How long will it take to read this news story?

The story "Sebi chief rejects aptitude test for retail traders in F&amp;O segment" has 710 words across 27 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Sebi chief rejects aptitude test for retail traders in F&amp;O segment" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 284 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28309909</li><li>URL: https://polybotes.beamstart.com/news/sebi-chief-rejects-aptitude-test-17461080272456</li></ul>

Business Standard Logo Business Standard 8h ago

Sebi chief rejects aptitude test for retail traders in F&O segment - Business Standard

Quick Summary:

Markets regulator Sebi Chief Tuhin Kanta Pandey has ruled out the possibility of an aptitude test for retail traders wanting to participates in the Futures & Options (F&O) segment, saying it is impractical and prone to regulatory overreach.

When asked about the industry's suggestion of introducing tests for retail investors before permitting them to trade in risky derivative products, Pandey clarified the regulator's stance.

These regulatory steps came in the wake of a Sebi study that revealed a staggering 9 out of 10 retail investors lose money while trading in F&O instruments.