https://www.taxtmi.com/caselaws?id=776537 SEBI's Board treated several intermediary compliance lapses in stock reconciliation, fund settlement, margin reporting, client documentation, holdings verification, cyber security and inspection cooperation as largely technical, corrected, and unsupported by investor loss or client fund misuse, so no further adverse action was warranted beyond existing adjudication. Alleged discrepancies in net worth verification and UCC mapping were found immaterial or properly explained, and no breach was held on those counts. Claims of prohibited other business and dealings with unregistered constituents were not established on the record. Trading in minor accounts was proved as a compliance breach, but it was treated as a corrected lapse with no additional enforcement consequence. en-us Mon, 14 Jul 2025 00:00:00 +0530 Tue, 12 Aug 2025 17:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776537 SEBI's Board treated several intermediary compliance lapses in stock reconciliation, fund settlement, margin reporting, client documentation, holdings verification, cyber security and inspection cooperation as largely technical, corrected, and unsupported by investor loss or client fund misuse, so no further adverse action was warranted beyond existing adjudication. Alleged discrepancies in net worth verification and UCC mapping were found immaterial or properly explained, and no breach was held on those counts. Claims of prohibited other business and dealings with unregistered constituents were not established on the record. Trading in minor accounts was proved as a compliance breach, but it was treated as a corrected lapse with no additional enforcement consequence. Case-Laws SEBI Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776537