Axis Securities slammed with Rs 10 lakh penalty for violating stock brokers rules
Saturday, 22 February 2025 () Sebi has fined Axis Securities Rs 10 lakh for regulatory breaches, including misreporting and client fund mishandling. The penalty, stemming from an inspection covering April 2021 to November 2022, highlights issues like improper supervision reporting, unsettled client funds, and discrepancies in politically exposed persons' reporting. The firm must pay within 45 days.
ICICI Securities resolved alleged stock brokers rules violations by paying Rs 80.4 lakh to the markets regulator Sebi. The settlement followed an inspection that... IndiaTimes
Saturday, 22 February 2025 ()
