Sebi warns India Infoline for breaching broker norms
May 13, 2013  21:11
Capital market regulator Sebi today accused India Infoline of having violated stock brokerage regulations with various lapses in its client dealings, but let it off with a stern warning without any monetary penalty.     

Finding India Infoline guilty of certain irregularities and deficiencies in its functioning as a stock-broker, Sebi asked the company "to be careful and cautious in the conduct of its stock-broking activity and to adhere to and comply with all the statutory provisions while carrying out its activities in the securities market".
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