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In a tweet on May 7, 2022, Amit Jeswani, founder and CIO of equity research analysis company Stallion Asset, said the Securities and Exchange Board of India (Sebi) had pulled him up for a
violation that he didn’t know was one. Earlier that month, Sebi had passed a settlement order on Stallion Asset, saying that research analysts (RAs) cannot provide model portfolio products
to their clients. “The key observation was giving a model portfolio,
