Published 1 day ago • loading... • Updated 22 hours ago

Axis Securities penalised ₹10 lakh by Sebi for flouting stock broker rules

Summary by TheSpuzz

Source: Live Mint Capital markets regulator Sebi has imposed a penalty of ₹10 lakh on Axis Securities for flouting stock brokers rules as well as other regulatory norms. The penalty has to be paid by the brokerage firm within 45 days, the regulator said in an order on Friday. In an 82-page order, Sebi found that Axis Securities failed to follow regulatory procedures in several areas, including reporting discrepancies and improper handling of …

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

All

Left

Center

Right

TheSpuzz

Axis Securities penalised ₹10 lakh by Sebi for flouting stock broker rules

22 hours ago

Read Full Article

reportwire.in

Sebi Fines Axis Securities Rs 10 Lakh for Violating Stockbroker Rules | Economy News – Report Wire

Mumbai: The Securities and Exchange Board of India (Sebi) have imposed a penalty of Rs 10 lakh on Axis Securities for Violating StockBroker rules and other regulatory norms. The brokerage firm has been directed to pay the fin with 45 days, as per an order is issued by the regulator. The Sebi’s 82-Page Order Highlights Multiple Lapses in the Operations of Axis Securities, Having Found That The Brookeage Firm Failed to Follow Production in Various…

SEBI fines Axis Securities Rs 10 lakh for violating stockbroker rules

Mumbai, Feb 22, 2025 The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 10 lakh on Axis Securities for violating stockbroker rules and other regulatory norms. The brokerage firm has been directed to pay the fine within 45 days, as per an order issued by the regulator. The SEBI’s 82-page order highlights multiple lapses in the operations of Axis Securities, having found that the brokerage firm failed to follow proper pr…

1 day ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year