Description
SEBI enforcement order against Rahul Rao Padamati for conducting unregistered investment advisory activities through 'Baap of Chart'.
Summary
SEBI has issued General Remittance Order RC No. 8755 of 2025 against Rahul Rao Padamati (PAN: CRTPP4198Q) in connection with unregistered investment advisory activities conducted through ‘Baap of Chart’.
Key Points
- SEBI enforcement action against individual for unregistered investment advisory services
- Subject identified as Rahul Rao Padamati with PAN CRTPP4198Q
- Activities conducted under the name ‘Baap of Chart’
- Formal General Remittance Order issued as enforcement measure
Regulatory Changes
No specific regulatory changes mentioned in this enforcement action.
Compliance Requirements
- All investment advisers must be registered with SEBI before providing advisory services
- Individuals and entities must comply with SEBI Investment Adviser Regulations
- Violation of registration requirements subject to enforcement action
Important Dates
- Order Date: August 2025
- Reference Number: RC No. 8755 of 2025
Impact Assessment
This enforcement action serves as a deterrent against unregistered investment advisory activities. It reinforces SEBI’s commitment to ensuring compliance with registration requirements and protecting investors from unauthorized advisory services.
Impact Justification
Enforcement action against unregistered investment advisory activities represents significant regulatory violation with deterrent effect