Description
General Remittance Order issued against Jagadeesan S (PAN: BDDPJ0903L) for unregistered investment advisory services/activities of YM Forecast managed by P Krishnakumar and Jagdeesan S.
Summary
SEBI has issued a General Remittance Order dated January 28, 2026 under Recovery Certificate No. 8801 of 2025 against Jagadeesan S (PAN: BDDPJ0903L) in the matter of unregistered investment advisory services/activities conducted through YM Forecast, which was managed by P Krishnakumar and Jagadeesan S.
Key Points
- Recovery Certificate No. 8801 of 2025 issued against Jagadeesan S
- PAN of entity: BDDPJ0903L
- Matter relates to unregistered investment advisory services/activities
- YM Forecast was managed by P Krishnakumar and Jagadeesan S
- Order type: General Remittance Order
- Order date: January 28, 2026
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing regulations governing investment advisors.
Compliance Requirements
Jagadeesan S is required to comply with the remittance order issued under Recovery Certificate No. 8801 of 2025. The order pertains to recovery proceedings related to unregistered investment advisory activities.
Important Dates
- Order Date: January 28, 2026
- Recovery Certificate No.: 8801 of 2025
Impact Assessment
This enforcement action targets specific individuals operating unregistered investment advisory services. The order reinforces SEBI’s ongoing efforts to regulate investment advisory activities and ensure only registered entities provide such services. Impact is specific to the named entities and their clients. Investors should verify registration status of investment advisors through SEBI’s official website before engaging their services.
Impact Justification
Enforcement action against unregistered investment advisors. Medium impact as it affects specific entities rather than market-wide operations.