sebi:Order/AK/AS/2022-23/25190
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Facts / Headnote
Penalty of ₹5,00,000 imposed on the Noticee under Section 15HB of the SEBI Act
Provisions invoked
- s. 11B
- s. 11
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 6
- Reg. 26
- Reg. 9
Parties
- Greenbucks Securities Pvt Ltd
Holding
The Noticee, Greenbucks Securities Pvt Ltd, violated Clauses A(1), (2), (3) and (4) of the Code of Conduct for Stock Brokers under Schedule II read with Regulation 9(f) of the Brokers Regulations by failing to exercise due skill, care and diligence in the conduct of its business while dealing with its clients. A penalty of ₹5,00,000 was imposed under Section 15HB of the SEBI Act.
Full text
Adjudication Order in respect of Greenbucks Securities Pvt Ltd in the matter of Trading Members in Illiquid Stock Options
Adjudication Order in respect of Greenbucks Securities Pvt Ltd in the matter of Trading Members in Illiquid Stock Options
Adjudication Order in respect of Greenbucks Securities Pvt Ltd in the matter of Trading Members in Illiquid Stock Options
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Source: SecMarx — sebi:Order/AK/AS/2022-23/25190. 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.