{
  "id": 16282334,
  "title": "India Regulator Orders Options Trainer Avadhut Sathe to Refund INR 5.46B",
  "url": "https://urgent.news/2026/10/24/india-regulator-orders-options-trainer-avadhut-sathe-to-refund-inr-5",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T03:54:47.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-10-24/india-regulator-orders-options-trainer-avadhut-sathe-to-refund-inr-5-46b"
  },
  "original_language": "en",
  "account": null,
  "summary": "India’s market regulator has ordered options trader Avadhut Sathe and his trading academy to refund 5.46 billion rupees ($57.5 million) to course participants after finding they provided unregistered investment advice and research services under the guise of stock market education.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "SEBI orders Avadhut Sathe Trading Academy to refund ₹546 crore; imposes ₹11.5 crore penalty",
        "url": "https://urgent.news/2026/10/23/sebi-orders-avadhut-sathe-trading-academy-to-refund-546-crore-imposes",
        "published": "2026-10-23T17:32:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}