SEBI cancels registrations of non-compliant stockbrokers, commodity brokers, and depository participants.

SEBI cancels registrations of 39 stockbrokers, 7 commodity brokers, and 22 depository participants for non-compliance with registration requirements. The cancellations aim to prevent misuse and protect investors by preventing these entities from acting as active participants if they are not affiliated with a recognized stock exchange or depository. The affected parties remain liable for any actions taken during their time as brokers or depository participants, and must settle any outstanding dues to SEBI.

7 months ago
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