sebi:Order/AK/AJ/2023-24/27672
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Facts / Headnote
Violation found; penalty of Rs 5,00,000 imposed
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 4(2)
- Reg. 3(a)
- Reg. 26
- Reg. 2(1)(c)(2)
- Reg. 2(1)(c)(7)
- Reg. 2(1)(c)(8)
Parties
- Y P Enterprises
Holding
The Adjudicating Officer held Y P Enterprises liable for violation of Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations for executing non-genuine reversal trades in illiquid stock options at BSE and imposed a penalty of Rs 5,00,000 under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Y P Enterprises in the matter of dealings in Illiquid Stock Options at BSE Page 2 of 15
Adjudication Order in respect of Y P Enterprises in the matter of dealings in Illiquid Stock Options at BSE Page 3 of 15
Adjudication Order in respect of Y P Enterprises in the matter of dealings in Illiquid Stock Options at BSE Page 4 of 15
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Source: SecMarx — sebi:Order/AK/AJ/2023-24/27672. 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.