Trifid Research
SAT-appeal
- Failure to conduct proper client risk profiling, provide suitable investment advice and charge fair and reasonable fees. The WTM also found deceptive and fraudulent practices under PFUTP Regulations, but SAT set those observations aside.Appeal allowed in part · Debarment already undergone held sufficientAppeal: Appeal No. 365 of 2023 decided by SAT on 7 July 2026; allowed in part
- The appellants were debarred for five years for improper risk profiling, inadequate suitability assessment, and charging unreasonable fees.Matter adjourned by consent for completion of respondent's instructions · List on 15 July 2025Appeal: Appeal Nos. 365 of 2023 and 402 of 2023 were pending; hearing adjourned on 2 July 2025 and listed for 15 July 2025.
- SAT matter SATV-3568A087292C7E212400B393List Miscellaneous Application No. 437 of 2023 and Appeal No. 365 of 2023 for admission and final disposal on 6 October 2023 · List Appeal No. 402 of 2023 for admission and final disposal on 6 October 2023Appeal: Appeal Nos. 365 of 2023 and 402 of 2023 were pending; pleadings exchanged and matters listed for admission and final disposal on 6 October 2023
Source: SecMarx — Trifid Research. 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.