Concunsmart Shares and Stock Brokers Pvt Ltd has become the 31st broker since May 2019, to be expelled by the National Stock Exchange for non-adherence to regulatory provisions.
The National Stock Exchange (NSE) has expelled Chennai-based First Futures And Stocks Pvt Ltd due to a shortfall of client funds and non-resolution of investor complaints. With this expulsion, the number of brokers expelled by NSE since January 2018 has gone to 35.
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