desk
Share
The Securities and Exchange Board of India (SEBI) issued a settlement order on February 13, 2025, in response to regulatory violations by a stockbroker.
Show Cause Notice & Alleged Violations
- SEBI had sent a show cause notice on July 24, 2024, outlining multiple violations committed by the broker.
- The details of these regulatory breaches have not been fully disclosed in the order.
Settlement Process
- Instead of pursuing further legal action, the broker opted for a settlement with SEBI.
- This means the case is resolved without admitting or denying wrongdoing, in exchange for monetary penalties or compliance measures.
