Sebi crackdown against bond platforms may have revealed a regulatory gap
Source: Live Mint The Securities and Exchange Board of India restrained three unregistered online platforms—altGraaf, Tap Invest and Stable Investments — from offering privately placed unlisted non-convertible debentures for public subscription, according to the regulator’s interim order on 18 November. Sebi cited the violation of norms that treat any issue with over 200 investors as…