sebi:EAD-2/SS/SK/2019-20/4201
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Facts / Headnote
Violation established; monetary penalty imposed
Provisions invoked
- s. 15
- s. 15H
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 6
- Reg. 9(f)
- Reg. 9
- Reg. 26
Parties
- KIFS Trade Capital Pvt. Ltd.
Holding
The Noticee violated Regulation 9(f) read with Clauses A(1) and A(5) of the Code of Conduct and Regulation 26(xvi) of the SBSB Regulations by availing temporary cross-connectivity from December 08, 2015 to December 15, 2015 without NSE approval, and a monetary penalty of Rs 1,00,000 under Section 15HB of the SEBI Act was imposed.
Full text
______________________________________________________________________________________ Adjudication Order in the matter of KIFS Trade Capital Pvt. Ltd. Page 2 of 9 (Ref No.: EAD-2/SS/SK/33/69/2019-20)
______________________________________________________________________________________ Adjudication Order in the matter of KIFS Trade Capital Pvt. Ltd. Page 3 of 9 (Ref No.: EAD-2/SS/SK/33/69/2019-20)
______________________________________________________________________________________ Adjudication Order in the matter of KIFS Trade Capital Pvt. Ltd. Page 4 of 9 (Ref No.: EAD-2/SS/SK/33/69/2019-20)
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Source: SecMarx — sebi:EAD-2/SS/SK/2019-20/4201. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.