SEBI is forbidden to 2 people from the securities market for 6 months

In New Delhi, the market regulatory agency SEBI limited two people from the securities market for six months on Tuesday and instructed them to expel BleakThe 34.26 million “error returns” obtained by participating in the event.

In addition, regulators have been sentenced BleakThe Mandar Ulhas Bhatkar and Vikrant Bhimrao Kadam were 500,000 on the Mandar Ulhas Bhatkar and Vikrant Bhimrao Kadam, respectively.

Moving refers to the illegal practice in the stock market. In the stock market, it provides high -level information based on agents or analysts to transaction before providing information to its customers.

From November 2020 to September 2021, the Indian Securities and Exchange Commission surveyed trade activities on Bhatkar and some other entities related to him.

The investigation is to determine whether it may violate the PFUTP rules.

In the survey, SEBI found the suspected front operation of SVI Consolidated PVT. During the investigation, in the survey, in the upcoming Bhatkar trading account of large customers, its dealer Kadam Kadam in NSE’s cash market and stock derivative segment market.

In the order, Cybi said: “It has been proposed that in this case, fraud and unfair trade practice is the front line of notification of notification No. 1 (Notess No.1 …).”

Therefore, SEBI limits these people to “enter the securities market and further prohibit directly or indirectly or indirectly in securities transactions or in any way to associate with the securities market in any way, in six months.”

These two people are “instructed together and separated by separation Bleak34.26 million 240,000 times within 45 days … the same resources should be attributed to investor protection and education funds. ”

This article is generated from the Summary of the Automation News Agency without modifying the text.