https://www.taxtmi.com/acts?id=32908 A person registered as a stock broker or sub-broker who fails to segregate client securities or moneys, or who uses those securities or moneys for self or another client, is subject to a statutory monetary penalty; the provision enforces the compliance obligation to keep client property separate and prohibits conversion or commingling by registered intermediaries. en-us Fri, 23 Nov 2018 11:15:24 +0530 Fri, 23 Nov 2018 11:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32908 A person registered as a stock broker or sub-broker who fails to segregate client securities or moneys, or who uses those securities or moneys for self or another client, is subject to a statutory monetary penalty; the provision enforces the compliance obligation to keep client property separate and prohibits conversion or commingling by registered intermediaries. Act-Rules SEBI Fri, 23 Nov 2018 11:15:24 +0530 https://www.taxtmi.com/acts?id=32908