https://www.taxtmi.com/caselaws?id=464765 A registered stock broker was found to have breached the duty of due skill, care and diligence by permitting repeated self trades and synchronized trades in client dealings, including trades executed from the same terminal and arrangements where the broker functioned as both broker and counterparty broker. The conduct was treated as harmful to market integrity, and the violation was proved. The penalty challenge also failed because the lapse was not trivial, the failure continued over a substantial period, and the sanction was assessed within the statutory maximum, so the penalty was held proportionate and the appeal was dismissed. en-us Tue, 16 Jan 2018 00:00:00 +0530 Thu, 13 Nov 2025 19:36:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464765 A registered stock broker was found to have breached the duty of due skill, care and diligence by permitting repeated self trades and synchronized trades in client dealings, including trades executed from the same terminal and arrangements where the broker functioned as both broker and counterparty broker. The conduct was treated as harmful to market integrity, and the violation was proved. The penalty challenge also failed because the lapse was not trivial, the failure continued over a substantial period, and the sanction was assessed within the statutory maximum, so the penalty was held proportionate and the appeal was dismissed. Case-Laws SEBI Tue, 16 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464765