Investment advisers, analysts to face huge fine for violations

Radha ballabha Mishr 1000 days ago Respected Sir, Generally Investment advisors are trapping client from Rs 5000 ,then target to their higher services up to 8-1000000 .Any how they are trying to take money from client mostly by telephonic assurance/promises.Client after depositing up to 50K-1 lLAKHS bound to pay money by their promises to recover his depositedmoney and losses.They sent massages ,but they provide call .They forced client to work on option and future ,risk not cleared to client.After huge loss and 00000 of deposit ,client deposited to recover his deposited money and losses recover after convinced/promised by them.But while applying at SCORES ,SEBI does not taking any account of telephonic discussion or mail sent to them from client and asking for lot of evidance to client.As IA know all the rules , their comliance dept know how to cheat client ,even after injustice,crime to client, most of the clients are not getting proper justice,lost amount as lost.So IA are much stronger day by day with this type of criminal activities without strong action against them,as they know client will never win without lot of written evidance.They just made KYC hapazadly for only compliance purpose.New client lost all his family,money ,home,loan due to IA.SEBI made rule with code of conduct to be trained to all official to catch wrong practices by IA ,SO that crime of IA will reduce .Otherwise they do crime freely.Kindly make a rule that only one service will be given to aclient in six month.Thanking U