The Securities and Exchange Board of India has accused an Indore, Madhya Pradesh-based Sebi-registered investment advisor (RIA) of violating various rules while dealing with clients. Praveen Verma, a Sebi RIA since August 2015 and hails from Indore's Vijay Nagar area, has also been charged with non-cooperation when investigators went to his address on March 16, 2020.