Sebi slaps Rs 10 lakh penalty on Axis Securities for violating stock brokers rules

Sebi slaps Rs 10 lakh penalty on Axis Securities for violating stock brokers rules

Capital markets regulator Sebi has imposed a penalty of Rs 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 … Read more