Macro Finance
India Regulator Orders Options Trainer Avadhut Sathe to Refund INR 5.46B
Bloomberg Markets·October 24, 2026·1 min read
India's market regulator ordered options trader Avadhut Sathe and his trading academy to refund 5.46 billion rupees ($57.5 million) to course participants. The regulator found they provided unregistered investment advice and research services under the guise of stock market education. The refund order targets funds collected from participants in the courses.
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