NSE settles Rs 643 crore payment with SEBI - Details
NSE, ex-MD settle case with Sebi for Rs 643 crore
NSE and nine former senior executives, including ex-MD Vikram Limaye, settled a case with Sebi for Rs 643 crore over allegations of brokers bypassing a trading access point to facilitate faster trades.
Sebi passes settlement order in Trading Access Point case, NSE remits Rs 643 crore to regulator
Sebi has disposed off proceedings against NSE and other applicants in the TAP architecture and network connectivity case.
NSE Settles Decade-Old Case With SEBI, Pays ₹643 Crore Settlement
A decade old case was resolved by former National Stock Exchange (NSE) chief Vikram Limaye and eight others with market regulator SEBI for alleged bypass of trading access point (TAP) system by certain brokers with payment of Rs 643 crore settlement.
NSE, former chief Vikram Limaye, others settled TAP system case with Sebi; pay Rs 643 cr
The National Stock Exchange (NSE), its former chief Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case, pertaining to alleged failure to address the bourse's TAP (trading access point) system deficiencies,
NSE, former CEO Vikram Limaye to settle TAP misuse case with SEBI for ₹643 crore
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NSE, Vikram Limaye settle TAP misuse case with Sebi, pay Rs 643 crore
The exchange had filed a settlement application before the regulator first in 2023 and then a revised application in August 2024
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