Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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        LATEST NEWS UPDATES | Sebi says working hard to protect investors from ponzi schemes    </title>
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-PTI



The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha


With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman..."/>
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-PTI



The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha


With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman..." />
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                            <div align="justify">-PTI</div><p align="justify"><br /><em>The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha</em></p><p align="justify">With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman U.K Sinha on Wednesday said the regulator is working hard to ensure that small investors' savings are not put to risk.</p><p align="justify">&quot;Within the powers given to us, Sebi is working extremely hard to ensure that savings of small investors are not put to risk,&quot; Sinha said.</p><p align="justify">He, however, said that Sebi has some legal limitations and he would not be able to comment on specific issues concerning specific companies as there have been some court and quasi-judicial orders as well in certain cases.<br />&quot;I'll however like to assure you all that we are alive to the task given to us within our mandate,&quot; he added.</p><p align="justify">He was replying to queries about an alleged fraud by Kolkata-based Saradha group through its investment schemes. Sinha was speaking at a public seminar here of the Asia-Pacific Region Committee of IOSCO, a global body of securities regulators from across the world of which Sebi is also a member.</p><p align="justify">The government is seriously considering strengthening of laws to regulate all kind of collective investment schemes (CIS), Sinha said. Sebi has already passed an order against Saradha Realty India to close all its collective schemes and refund the money collected from investors within three months.</p><p align="justify">The capital market regulator has also barred Saradha Realty India and its managing director Sudipta Sen from the securities markets till the time it winds up all its CIS and refunds the entire money to investors.</p>                                                           
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The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha


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    <h1 class="cat-box-title">Sebi says working hard to protect investors from ponzi schemes</h1>
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                            <div align="justify">-PTI</div><p align="justify"><br /><em>The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha</em></p><p align="justify">With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman U.K Sinha on Wednesday said the regulator is working hard to ensure that small investors' savings are not put to risk.</p><p align="justify">&quot;Within the powers given to us, Sebi is working extremely hard to ensure that savings of small investors are not put to risk,&quot; Sinha said.</p><p align="justify">He, however, said that Sebi has some legal limitations and he would not be able to comment on specific issues concerning specific companies as there have been some court and quasi-judicial orders as well in certain cases.<br />&quot;I'll however like to assure you all that we are alive to the task given to us within our mandate,&quot; he added.</p><p align="justify">He was replying to queries about an alleged fraud by Kolkata-based Saradha group through its investment schemes. Sinha was speaking at a public seminar here of the Asia-Pacific Region Committee of IOSCO, a global body of securities regulators from across the world of which Sebi is also a member.</p><p align="justify">The government is seriously considering strengthening of laws to regulate all kind of collective investment schemes (CIS), Sinha said. Sebi has already passed an order against Saradha Realty India to close all its collective schemes and refund the money collected from investors within three months.</p><p align="justify">The capital market regulator has also barred Saradha Realty India and its managing director Sudipta Sen from the securities markets till the time it winds up all its CIS and refunds the entire money to investors.</p>                                                           
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The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha


With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman..."/>
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The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha


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    <h1 class="cat-box-title">Sebi says working hard to protect investors from ponzi schemes</h1>
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                            <div align="justify">-PTI</div><p align="justify"><br /><em>The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha</em></p><p align="justify">With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman U.K Sinha on Wednesday said the regulator is working hard to ensure that small investors' savings are not put to risk.</p><p align="justify">&quot;Within the powers given to us, Sebi is working extremely hard to ensure that savings of small investors are not put to risk,&quot; Sinha said.</p><p align="justify">He, however, said that Sebi has some legal limitations and he would not be able to comment on specific issues concerning specific companies as there have been some court and quasi-judicial orders as well in certain cases.<br />&quot;I'll however like to assure you all that we are alive to the task given to us within our mandate,&quot; he added.</p><p align="justify">He was replying to queries about an alleged fraud by Kolkata-based Saradha group through its investment schemes. Sinha was speaking at a public seminar here of the Asia-Pacific Region Committee of IOSCO, a global body of securities regulators from across the world of which Sebi is also a member.</p><p align="justify">The government is seriously considering strengthening of laws to regulate all kind of collective investment schemes (CIS), Sinha said. Sebi has already passed an order against Saradha Realty India to close all its collective schemes and refund the money collected from investors within three months.</p><p align="justify">The capital market regulator has also barred Saradha Realty India and its managing director Sudipta Sen from the securities markets till the time it winds up all its CIS and refunds the entire money to investors.</p>                                                           
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Sebi says working hard to protect investors from ponzi schemes

Published on May 1, 2013   Modified on May 1, 2013

-PTI The regulator is working hard to ensure that small investors' savings are not put to risk, says Sebi chief U.K Sinha With lakhs of investors getting defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (Sebi) chairman U.K Sinha on Wednesday said the regulator is working hard to ensure that small investors' savings are not put to risk. "Within the powers given to us, Sebi is working extremely hard to ensure that savings of small investors are not put to risk," Sinha said. He, however, said that Sebi has some legal limitations and he would not be able to comment on specific issues concerning specific companies as there have been some court and quasi-judicial orders as well in certain cases. "I'll however like to assure you all that we are alive to the task given to us within our mandate," he added. He was replying to queries about an alleged fraud by Kolkata-based Saradha group through its investment schemes. Sinha was speaking at a public seminar here of the Asia-Pacific Region Committee of IOSCO, a global body of securities regulators from across the world of which Sebi is also a member. The government is seriously considering strengthening of laws to regulate all kind of collective investment schemes (CIS), Sinha said. Sebi has already passed an order against Saradha Realty India to close all its collective schemes and refund the money collected from investors within three months. The capital market regulator has also barred Saradha Realty India and its managing director Sudipta Sen from the securities markets till the time it winds up all its CIS and refunds the entire money to investors.

Live Mint, 1 May, 2013, http://www.livemint.com/Politics/dF25JJzFDi1B2IOeuwXFOP/Sebi-says-working-hard-to-protect-investors-from-ponzi-schem.html

Tagged with: Ponzi scheme Chit fund Corporate Governance Fraud crime saradha

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