SEBI bans IIFL Securities from accepting new clients for 2 years. Found guilty of using client funds to settle trades. Cancellation of certificate not ordered.
IIFL Securities is contesting a SEBI order that bans new clients for 2 years over 2014 code of conduct violations. Existing business remains unaffected.
IIFL Securities is contesting a SEBI order that bans new clients for 2 years over 2014 code of conduct violations. Existing business remains unaffected.
Indian brokerage giant, IIFL Securities, has been banned from taking on new clients for two years due to allegations of breaching stockbroker conduct codes. The move comes after six SEBI inspections, making IIFL the latest Indian firm to face penalties.
Uttar Pradesh surpasses Maharashtra as top state for new stock market investors, driven by Hindi-language education and outreach on trading apps and TV. #NSEdata #investorregistrations #stockmarket #Hindioutreach