India Regulator Orders Options Trainer Avadhut Sathe to Refund INR 5.46B

India's Securities and Exchange Board ordered Avadhut Sathe and his trading academy to refund 5.46 billion rupees to course participants. The regulator found that Sathe's academy provided unregistered investment advice and research services to students. The refund covers fees paid by participants in stock market education courses offered by the academy.

• Bloomberg — India Regulator Orders Options Trainer Avadhut Sathe to Refund INR 5.46B

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