https://www.taxtmi.com/caselaws?id=311095 The commentary examines SAT's treatment of exchange access controls in a TCP/IP-based trading architecture, focusing on fair and equitable access, IP allocation, load balancing, and monitoring of a secondary server. It notes that the architecture was not inherently unfair, but unequal IP distribution and the absence of effective load balancing undermined fair access. It also states that repeated use of the secondary server could create an unfair advantage where monitoring was inadequate. On disgorgement, the text explains that such relief requires a clear causal nexus with wrongful gain or loss averted, and was not sustainable against the exchange or its officers absent proof of fraudulent enrichment. It further records that a third-party intervention and appeal were not maintainable for want of locus. en-us Mon, 23 Jan 2023 00:00:00 +0530 Thu, 07 Dec 2023 18:49:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311095 The commentary examines SAT's treatment of exchange access controls in a TCP/IP-based trading architecture, focusing on fair and equitable access, IP allocation, load balancing, and monitoring of a secondary server. It notes that the architecture was not inherently unfair, but unequal IP distribution and the absence of effective load balancing undermined fair access. It also states that repeated use of the secondary server could create an unfair advantage where monitoring was inadequate. On disgorgement, the text explains that such relief requires a clear causal nexus with wrongful gain or loss averted, and was not sustainable against the exchange or its officers absent proof of fraudulent enrichment. It further records that a third-party intervention and appeal were not maintainable for want of locus. Case-Laws SEBI Mon, 23 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311095