Regulator: SEBI is just as bad

The Securities and Exchange Board of India drags a report against Religare Securities through adjudication over a paltry penalty of Rs3 lakh, but seems unable to investigate case of rampant price manipulation

If the Emmel Financial case makes SEBI appear investor friendly, then a 16th June SAT order quickly dispels the notion. Religare Securities, a stock broker and depository participant...

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