Markets regulator Sebi has settled a case with an individual on payment of nearly Rs 46 lakh as settlement amount in relation to alleged violation of certain norms related to prohibition of unfair trade practices. Sebi had received a complaint from Finsec Law Advisors alleging that Pawan N Agarwal and two others had violated certain provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) regulations with respect to trades of its client Aequitas. Aequitas is a Mumbai-based boutique investment firm. "Pursuant to the investigation, it was observed that Pawan N Agarwal... had mirrored certain trades of Aequitas and thereby violated the provisions... PFUTP Regulations," the watchdog said while modifying a recent order through a corrigendum. Earlier, it was alleged that the individual had violated provisions of PFUTP by engaging in front running/ mirror trading of trades. The individual paid Rs 45,99,600 as the settlement amount. Earlier, Sebi order had said the ...
from Markets https://ift.tt/EmHXhe9
Subscribe to:
Post Comments (Atom)
-
उषाशी का संबंध एक ऐसे परिवार से हैं जहां अधिकांश लोग शिक्षक हैं। उन्होंने बचपन से अपने घर में पढ़ाई-लिखाई का माहौल देखा। वे 1986 में शादी के...
-
साउथ इंडिया में थेनी के पास वेंकटचलपुरम में राधिका का जन्म हुआ। वे शादी के बाद दिल्ली आ गईं। एक शौक के तौर पर राधिका ने ट्रैवल फोटोग्राफी क...
No comments:
Post a Comment