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SEBI Bars IIFL Securities from Taking on new Clients for Two Years over Misuse of Customer Funds

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SEBI bans IIFL Securities from taking new clients for two years for misusing client funds. A fine of INR10m has also been imposed on them - read more here.

Sebi Cancels Emkay Commotrade’s Registration in NSEL Case

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SEBI cancels Emkay Commotrade's registration for trading illegal contracts. Existing clients have 15 days to transfer their securities or funds or they will be transferred to another broker.

Sebi Establishes Framework for Brokers to Transfer Clients’ Funds to Clearing Corps: Latest News

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SEBI introduces new rules to prevent stockbrokers from retaining clients' funds. Now, all client funds will be upstreamed to clearing corporations, improving operational efficiency and reducing transaction costs. The framework will come into effect on July 1, 2023. #SEBI #stockbrokers #clientfunds #operationalimprovement #transactioncosts

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SEBI Bars IIFL Securities from Taking on new Clients for Two Years over Misuse of Customer Funds

Business 0
SEBI bans IIFL Securities from taking new clients for two years for misusing client funds. A fine of INR10m has also been imposed on them - read more here.

Sebi Establishes Framework for Brokers to Transfer Clients’ Funds to Clearing Corps: Latest News

Business 0
SEBI introduces new rules to prevent stockbrokers from retaining clients' funds. Now, all client funds will be upstreamed to clearing corporations, improving operational efficiency and reducing transaction costs. The framework will come into effect on July 1, 2023. #SEBI #stockbrokers #clientfunds #operationalimprovement #transactioncosts

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Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

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