Sunita Thomas

3 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Effect and operation of the impugned SEBI WTM order stayed till further orders
Effect and operation of the WTM's two-year restraint order stayed until further orders
Effect and operation of WTM impugned order dated 30 April 2019 stayed till further orders

SAT-appeal

Alleged misuse of confidential NSE data obtained for developing the Liquidity Index (LIX) to prepare algorithmic trading software and trading strategies for clients.
Effect and operation of the impugned SEBI WTM order stayed till further orders · SEBI to file reply within six weeks from 7 May 2019
Appeal: Appeal Lodging Nos. 232, 233 and 234 of 2019; interim stay granted on 7 May 2019, with final disposal listed for 22 July 2019
Allegedly obtaining confidential NSE data while developing the Liquidity Index (LIX) and using it to prepare algorithmic trading software and trading strategies for clients.
Effect and operation of the WTM's two-year restraint order stayed until further orders · SEBI to file reply within six weeks from 7 May 2019
Appeal: Appeal Lodging Nos. 232, 233 and 234 of 2019; interim stay granted on 7 May 2019, with final disposal listed for 22 July 2019
Acting in concert to obtain NSE confidential data for Liquidity Index (LIX) and misuse it to develop algo trading software and program trading strategies for clients.
Effect and operation of WTM impugned order dated 30 April 2019 stayed till further orders · SEBI to file reply within six weeks from 07 May 2019
Appeal: Appeal Lodging Nos. 232, 233, 234 of 2019 with Misc. Applications 238-239 of 2019 pending before SAT; interim stay granted on 07.05.2019, next date 22.07.2019

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Source: SecMarx — Sunita Thomas. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.