Padala Subbi Reddy, the outgoing chief executive of India s largest commodities derivatives exchange, recalls a rather turbulent phase for the bourse as it scrambled to transition its technology vendor amid the pandemic lockdowns
Noting that NSEL brokers have accepted money from investors and failed to repay them as promised by the brokers, the Maharashtra Protection of Investors' Deposits (MPID) court has declared 16 broking firms as financial establishments in the .
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​Capital markets regulator Sebi on Wednesday cancelled the registration of brokerage house Nirmal Bang Commodities for facilitating its clients to trade in illegal paired contracts on the now defunct National Spot Exchange Ltd.