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Under the Sebi Act, the regulator has the power to carry out search and seizure of books, registers, documents including electronics and digital devices from any person associated with the securities market. These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. The S&P 500 fell 1.3% to 4,204.36, and the Dow Jones Industrial Average was down 0.7% to 32,943.33. The Dow posted a fifth straight weekly loss β€” its longest losing streak since 2019. The Nasdaq Composite tumbled 2.2% to 12,843.81. Though all three indexes opened in the green, stocks took a turn after a new report showed U.S. consumer sentiment deteriorated more than expected in early March as consumers' inflation expectations soared to the highest since 1981. Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities. In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed.
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πŸ˜‰ Utterly Amazing πŸ€—Motivation is the most pivotal part of any challenging journey. We promise to help you traverse this path together. ☺

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Telegram πŸ˜‰ Utterly Amazing πŸ€—

Created: 2020-09-27

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Telegram πŸ˜‰ Utterly Amazing πŸ€—, 337761 Telegram Group & Telegram Channel American, US

Telegram πŸ˜‰ Utterly Amazing πŸ€—, 337761 Telegram Group & Telegram Channel, Russia, RU

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