Sebi mulls modifying investor charter for stock brokers

Sebi mulls modifying investor charter for stock brokers

Markets regulator Sebi on Wednesday proposed reviewing the investor charter for stock brokers in a bid to boost financial consumer protection alongside enhanced financial inclusion and financial literacy. The proposal is also in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0 – a…

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Sebi orders Mishtann Foods to bring back nearly Rs 100 crore misappropriated funds, bans co, promoter from markets

Sebi orders Mishtann Foods to bring back nearly Rs 100 crore misappropriated funds, bans co, promoter from markets

Capital markets regulator Sebi has directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties. Sebi also restrained five entities, including Mishtann Foods and its promoter and CMD Hiteshkumar Gaurishankar Patel, from the securities markets till further orders for alleged financial mismanagement, fraudulent…

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