Liability for action under the Securities and Exchange Board of India (Intermediaries) Regulations, 2008

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....iable for any action as specified in 2[Chapter V of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008] including suspension or cancellation of his certificate of registration as a stock broker 7[****] 6[****], if he- (i) ceases to be a member of a stock exchange; or (ii) has been declared defaulter by a stock exchange and not re-admitted as a member within a period ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ails to co-operate with the inspecting or investigating authority; or (x) fails to abide by any award of the Ombudsman or decision of the Board under the Securities and Exchange Board of India (Ombudsman) Regulations, 2003; or (xi) fails to pay the penalty imposed by the Adjudicating Officer; or (xii) indulges in market manipulation of securities or index; or (xiii) indulges in insider tra....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ing Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002" by the SEBI (Intermediaries) Regulations, 2008, w.e.f. 26-05-2008. 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/14 dated 30-03-2021 before it was read as "Enquiry Proceeding Regulations" 4. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/14 dated 30-03-2021 before it was read as "Companie....