ACTION IN CASE OF DEFAULT AND MANNER OF SUSPENSION OR CANCELLATION OF CERTIFICATE - Securities and Exchange Board of India (Intermediaries) Regulations, 2008
ACTION IN CASE OF DEFAULT AND MANNER OF SUSPENSION OR CANCELLATION OF CERTIFICATE - Securities and Exchange Board of India (Intermediaries) Regulations, 2008
Action for violation: board may impose enforcement measures for breaches of intermediary verification obligations, including Chapter V remedies. The provision authorises the regulatory board to take action, including steps under Chapter V, where there is a violation of the intermediary verification ... Summary
Action for violation: board may impose enforcement measures for breaches of intermediary verification obligations, including Chapter V remedies.
The provision authorises the regulatory board to take action, including steps under Chapter V, where there is a violation of the intermediary verification obligations relating to past risk and return metrics; it connects verification breaches to the board's discretionary enforcement and disciplinary powers.
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