SEBI finds Research Analyst used 'PS Invest' instead of proper title
This is a final order by SEBI regarding Ms. Prerna Sharma, a registered Research Analyst, concerning violations of regulations related to client disclosures, fair trade practices, and registration requirements identified during an inspection.
Ms. Prerna Sharma (Research Analyst, SEBI Registration No. INH000006819)
- SEBI found that the Noticee did not use the term 'Research Analyst' in all client correspondences.
- SEBI found that the Noticee failed to disclose material conflicts of interest and did not provide the rationale for research recommendations.
- SEBI found that the Noticee misled clients through YouTube videos, which SEBI classified as fraud under PFUTP Regulations.
- SEBI found that the Noticee submitted false work experience for registration and took excessive time to redress investor complaints.
- The Designated Authority recommended the cancellation of the Noticee's Research Analyst registration certificate.
- The Noticee failed to file a reply to the Show Cause Notice dated January 16, 2026, and failed to appear for the hearing on June 18, 2026.
- SEBI presumed the Noticee agreed with the findings due to her failure to respond or appear.
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Document details
| Official title | Final Order in the matter of Prerna Sharma Research Analyst |
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | — |
| Status | None (order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |