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SEBI Proposal: Brokers May Soon Be Expected To Detect, Prevent Fraud

Senior management of brokerages may soon be expected to put in place mechanisms to prevent market abuse.

Varun Gakhar

(Source: Reuters)

Stock brokers must set up a strong surveillance system to detect and prevent fraud or market abuse, the market regulator has proposed in a consultation paper.

The regulator has asked the stakeholders to submit their comments till Feb. 21, 2023.

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WRITTEN BY
Varun Gakhar
Varun Gakhar is a legal journalist at NDTV Profit. He obtained his degree i... more
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Xiaomi’s Sedan Crushed Tesla’s Model 3 In China; Now Its SUV Is Gunning For Model Y

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