<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2019 (4) TMI 2135 - SECURITIES AND EXCHANGE BOARD OF INDIA</title>
    <link>https://www.taxtmi.com/caselaws?id=311115</link>
    <description>SEBI examined NSE&#039;s non-transparent communication of changes to authorised service providers, preferential treatment to selected brokers, installation of MUX without licence verification, latency advantages, continuation of Sampark connectivity despite licence issues, uneven site inspections, and facilitation of arrangements to regularise unauthorised connectivity. The conduct was described as contrary to SECC Regulations, 2012, SEBI circular requirements, and fair market access principles, and was characterised as collusion and fraud under PFUTP norms. The directions recorded in the text require NSE, W2W and GKN to make deposits to the IPEF, impose market-access and business bans on specified individuals, and restrain Sampark and Prashant D&#039;Souza from offering telecom services to stock exchange entities for two years.</description>
    <language>en-us</language>
    <pubDate>Tue, 30 Apr 2019 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 30 Jan 2024 17:37:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=734559" rel="self" type="application/rss+xml"/>
    <item>
      <title>2019 (4) TMI 2135 - SECURITIES AND EXCHANGE BOARD OF INDIA</title>
      <link>https://www.taxtmi.com/caselaws?id=311115</link>
      <description>SEBI examined NSE&#039;s non-transparent communication of changes to authorised service providers, preferential treatment to selected brokers, installation of MUX without licence verification, latency advantages, continuation of Sampark connectivity despite licence issues, uneven site inspections, and facilitation of arrangements to regularise unauthorised connectivity. The conduct was described as contrary to SECC Regulations, 2012, SEBI circular requirements, and fair market access principles, and was characterised as collusion and fraud under PFUTP norms. The directions recorded in the text require NSE, W2W and GKN to make deposits to the IPEF, impose market-access and business bans on specified individuals, and restrain Sampark and Prashant D&#039;Souza from offering telecom services to stock exchange entities for two years.</description>
      <category>Case-Laws</category>
      <law>SEBI</law>
      <pubDate>Tue, 30 Apr 2019 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=311115</guid>
    </item>
  </channel>
</rss>