TRAI Orders Telecom Operators To Curb Unauthorized Investment SMS
The Telecom Regulatory Authority of India(TRAI) has ordered Telcos to keep a check on bulk messages related to investment and securities. The order addresses the concern of unauthorized persons sending securities related messages. TRAI’s order has come after the Securities and Exchange Board of India (SEBI) expressed concern over bulk SMSs sent by unauthorized persons to mislead the investor. Also, TRAI has made clear that only Transactional messages are to be sent from SEBI authorized entities. The matter here is about sending of bulk SMSs related to investment and Securities related matters. SEBI showed concern over unauthorized people sending investment advice related messages to the people. Such unauthorized people mislead and misguide the investors by pretending to be SEBI authorized entities. TRAI’s order here is for telecom operators to put a check on unauthorized SMS sending and control misleading messages. Trai's Order To stop the spread of bulk a...