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Gautam Das

Stealth • 2d

SEBI has proposed a unique alphanumeric UPI ID for every registered market intermediary. This measure will allow investors to verify that their payments are reaching only authorized entities. Unregistered firms, lacking this unique UPI handle, will stand out, making it easier for investors to avoid potential fraud. To further strengthen investor protection, SEBI has proposed a special verification symbol a green triangle with a thumbs-up icon that will appear when payments are made to verified intermediaries. If this symbol is absent, it will act as a red flag, warning investors about the risk of dealing with unauthorized entities.

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