Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration of Fairwealth Commodity Broking Pvt Ltd (FCBPL) in the commodity derivative segment for flagrant violation of the provisions governing the functioning of a stockbroker and deep apathy towards the interests of the clients. FCBPL is a member of the Multi-Commodity Exchange of India Ltd (MCX) and the National Commodity and Derivatives Exchange Ltd (NCDEX).
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration certificates of three brokers for their involvement in the trade of paired contracts on the National Stock Exchange Ltd (NSEL) platform.
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