Home Business SEBI gets hard to act against exchanges, new market outfits

SEBI gets hard to act against exchanges, new market outfits

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(G.N.S) Dt. 5 Mumbai Punitive action possible now; only warnings allowed earlier As part of the proposed amendments in the Finance Bill 2018, the government has given more power to the Securities and Exchange Board of India (SEBI) to impose monetary penalties on important market intermediaries such as stock exchanges

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