Two asset managers are seeking regulatory approval for new ETFs tied to the “MANGOS” acronym, a basket of leading AI-focused companies including Meta, Nvidia, Google, SpaceX, Anthropic, and OpenAI. This move follows SpaceX’s record IPO, fueling investor enthusiasm for AI-linked stocks and creating a potential successor to the Magnificent Seven trade.
Sebi warns of no regulatory recourse for investors trading in unlisted securities
Sebi has cautioned investors against trading unlisted securities through unauthorized websites and electronic platforms. The regulator said such platforms operate outside its oversight, leaving investors