Securities and Exchange Board of India
Dealing in unregulated products by SEBI registered Debenture Trustees
It has come to the notice of SEBI that some registered Debenture Trustees are undertaking activities related to unregulated products such as acting as a trustee for digital gold.
Undertaking activities related to unregulated products such as digital gold is not in accordance with the provisions of Section 12(1) of the SEBI Act, 1992 read with the SEBI (Debenture Trustees) Regulations,1993.
Debenture Trustees are, hereby, advised to disassociate themselves from undertaking activities related to unregulated products such as digital gold.
Any dealing in activities related to unregulated product by Debenture Trustees may entail action as deemed appropriate under the SEBI Act, 1992 and regulations framed thereunder.
Mumbai
November 03, 2021
