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PR No.20/2026
Chairman, SEBI today launched an important investor protection measure in the
form of Verified Label for stock trading apps of brokers registered with SEBI, on
Google Play Store
The proliferation of fraudulent trading apps has posed a serious threat to retail
investors, with scammers impersonating genuine apps that eventually deceive gullible
investors in believing that their investments done through the fake apps are directed
to the regulated securities market.
SEBI, in collaboration with Google, has taken this initiative to implement a first-of-its-
kind "Verified" badge on Google Play, to start with, for all stock trading apps in India
that are offered by entities that are registered with SEBI. Verified stock trading apps
associated with SEBI registered entities will now display a ‘Verified’ label in the Google
Play Store. Subsequently, the ‘Verified’ label will also be extended to apps of other
regulated intermediaries.
Chairman, SEBI, advised investors to follow - ‘Pehle Pechaan Kare, Fir Nivesh
Kare!’
While closing the event, Chairman SEBI, requested investors to follow SEBI ‘CVV’
where:
C - Check (Bank Accounts through “SEBI Check” available in the Saa₹thi app of
SEBI),
V - Validate (UPI ID handles having the word “Valid”, which can be checked through
“SEBI Check”), and
V - Verify (Verified Labels for Stock trading apps in Google Play store)
Chairman, SEBI, further mentioned that this collaboration between SEBI and Google
represents a major breakthrough in the ongoing battle against bad actors in the
investment space.
Page 1 of 2Google Play, MD, Mr. Aditya Swamy, mentioned that this is a unique public-private
partnership towards the shared objective of investor protection and that Google would
be keen to further collaborate for further such initiatives.
Mumbai
March 25, 2026
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