Capital markets regulator Sebi has cancelled the registration of MMTC Ltd as a stock broker for its involvement in illegal “paired contracts” in a case pertaining to now defunct National Spot Exchange Ltd (NSEL). While cancelling the licence, Sebi directed MMTC to allow its existing clients to withdraw or transfer their securities or… Continue reading Market regulator Sebi cancels registration of MMTC as broker in NSEL case
Tag: regulator
Market regulator Sebi looks to ease burden of compliance for India Inc
The Securities and Exchange Board of India (Sebi) has planned a series of steps to ease the regulatory and compliance burden for India Inc. The move comes amid concerns raised by some industry players that recent regulatory changes implemented by the capital markets watchdog are against the stated objective of the ease of doing… Continue reading Market regulator Sebi looks to ease burden of compliance for India Inc