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of <h1>Securities Act Clarification: Section 15J Confirms Adjudicating Officer's Authority for Penalties Under Sections 15A-15E, 15F(b)(c), 15G, 15H, 15HA.</h1> Section 15J of the Securities and Exchange Board of India Act, 1992, as amended by the Finance Act, 2017, includes a new explanation. This clarification confirms that the adjudicating officer's authority to determine penalty amounts under sections 15A to 15E, clauses (b) and (c) of section 15F, 15G, 15H, and 15HA has always been exercised under the provisions of section 15J. This ensures that the officer's power to adjudicate penalties is explicitly recognized as originating from this section.
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