sebi:Order/VV/DD/2023-24/28555
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Facts / Headnote
Penalty imposed on Noticee for violation of PFUTP Regulations
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
- Seeta Devi Agrawal
Holding
The Adjudicating Officer held that Noticee Seeta Devi Agrawal violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing non-genuine reversal trades in illiquid stock options on BSE, and imposed a penalty of Rs. 5,00,000 under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Seeta Devi Agrawal in the matter of dealings in Illiquid Stock Options on BSE Page 2 of 17
Adjudication Order in respect of Seeta Devi Agrawal in the matter of dealings in Illiquid Stock Options on BSE Page 3 of 17
Adjudication Order in respect of Seeta Devi Agrawal in the matter of dealings in Illiquid Stock Options on BSE Page 4 of 17
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Source: SecMarx — sebi:Order/VV/DD/2023-24/28555. 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.