sebi:EAD-2/SS/VS/2019-20/4060
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Facts / Headnote
Penalty imposed on Noticee for violation of PFUTP Regulations
Provisions invoked
- s. 15H
- s. 15I
- s. 15J
- s. 15
- s. 15F
- s. 28A
Regulations
- Reg. 3
- Reg. 3(a)
- Reg. 2(1)
Parties
- Antimony Tradelink Private Limited
Holding
The Noticee, Antimony Tradelink Private Limited, was held liable for violating Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing 74 non-genuine reversal trades in 23 illiquid stock options contracts on BSE, and a monetary penalty of ₹5,00,000 was imposed under Section 15HA of the SEBI Act.
Full text
_________________________________________________________________________________ Adjudication order in respect of Antimony Tradelink Private Limited in the matter of Illiquid Stock Options at BSE Page 2 of 10 (File Ref No.: EAD-2/SS/VS/30/66/2019-20)
_________________________________________________________________________________ Adjudication order in respect of Antimony Tradelink Private Limited in the matter of Illiquid Stock Options at BSE Page 3 of 10 (File Ref No.: EAD-2/SS/VS/30/66/2019-20)
_________________________________________________________________________________ Adjudication order in respect of Antimony Tradelink Private Limited in the matter of Illiquid Stock Options at BSE Page 4 of 10 (File Ref No.: EAD-2/SS/VS/30/66/2019-20)
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Source: SecMarx — sebi:EAD-2/SS/VS/2019-20/4060. 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.