By monika singh | 19 Feb, 2022
NSEL case: Sebi cancels registration of K R Choksey Commodity Brokers
Capital markets regulator Sebi on Friday cancelled the registration of K R Choksey Commodity Brokers for facilitating its clients to trade on the platform of the National Spot Exchange Ltd (NSEL) in the illegal ‘paired contracts’.By providing such facility of taking exposure to ‘paired contracts’, the broker exposed its clients to the risk involved in trading in a product that did not have...
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