sebi:Order/JS/DJ/2018-19/2447
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Facts / Headnote
Violation established; monetary penalty of Rs. 5,00,000 imposed on the Noticee under Section 15HA of the SEBI Act for violation of Regulations 3(a), 4(1) and 4(2)(a) of PFUTP Regulations, 2003.
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 15F
- s. 15I(1)
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 200
- Reg. 3(a)
- Reg. 4(2)(a)
- Reg. 3(s)
Parties
- Crawford Marketing Private Limited
Holding
The Noticee violated Regulations 3(a), 4(1) and 4(2)(a) of the PFUTP Regulations, 2003 by executing 66 non-genuine reversal trades across 10 illiquid stock option contracts at BSE, generating artificial volume of 4,150,000 units, and a monetary penalty of Rs. 5,00,000 was imposed under Section 15HA of the SEBI Act.
Full text
Adjudication Order in resp. of Crawford Marketing Pvt Ltd in the matter of dealing in illiquid Stock Options at BSE ||Page 2 of 14
Adjudication Order in resp. of Crawford Marketing Pvt Ltd in the matter of dealing in illiquid Stock Options at BSE ||Page 3 of 14
Adjudication Order in resp. of Crawford Marketing Pvt Ltd in the matter of dealing in illiquid Stock Options at BSE ||Page 4 of 14
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Source: SecMarx — sebi:Order/JS/DJ/2018-19/2447. 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.