https://www.taxtmi.com/caselaws?id=388597 The tribunal modified the suspension order imposed by SEBI on a broker, reducing it to a one-year restriction on taking new clients instead of a complete suspension. This decision aimed to balance the severity of the violations, including allowing unregistered entities and clients to operate trading terminals and intermingling client funds, with the evolving market dynamics. The tribunal considered past orders but found the violations in this case more serious, justifying the modified penalty. The outcome emphasized the importance of proportionate punishment and adapting to changing market practices. en-us Mon, 09 Sep 2019 00:00:00 +0530 Tue, 19 Nov 2019 12:20:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388597 The tribunal modified the suspension order imposed by SEBI on a broker, reducing it to a one-year restriction on taking new clients instead of a complete suspension. This decision aimed to balance the severity of the violations, including allowing unregistered entities and clients to operate trading terminals and intermingling client funds, with the evolving market dynamics. The tribunal considered past orders but found the violations in this case more serious, justifying the modified penalty. The outcome emphasized the importance of proportionate punishment and adapting to changing market practices. Case-Laws SEBI Mon, 09 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388597