SEBI informs board of settlement scheme for National Spot Exchange brokers
This story was originally published at 23:11 IST on 18 June 2025
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NEW DELHI – The Securities and Exchange Board of India has decided to introduce a settlement scheme for stock brokers who traded on the spot commodity exchange National Spot Exchange Ltd. and had applied or were registered with SEBI as trading or clearing member. SEBI said Wednesday in a press release following a board meeting the settlement the scheme was placed before the board for information.
According to SEBI, the settlement scheme will provide an opportunity to such stock brokers against whom enforcement actions have been taken by it. "By availing the benefit of the scheme, the stock brokers may settle such proceedings and seek expeditious conclusion of the said proceedings," SEBI said in the press release. End
Reported by Rajesh Gajra
Edited by Deepshikha Bhardwaj
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