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Business News

Apr 06, 2018
6:02PM

Sebi to take action against 14,720 entities for ‘non-genuine trades’

SEBI will take action in a phased manner against more than  14,700 entities for "non-genuine trades" through illiquid stock option segment.

Adjudication proceedings have been initiated against 567 entities involved in such trades in the first phase, according to a SEBI order yesterday. The markets regulator came across violations by 14,720 entities while it was probing 59 entities in a case related to alleged trading irregularities in stock options segment of the BSE.

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