SEBI has cautioned Nuvama Wealth and Investment, formerly called Edelweiss Broking, to ensure the proper conduct of all its businesses and to report suspicious transactions on time. This warning was part of an order that surfaced in relation to allegations that Nuvama Wealth violated code of conduct regulations back in 2014.
Mumbai: Stock market regulator Securities Exchange Board of India (SEBI) has instructed Edelweiss Broking to be more cautious when reporting suspicious transactions, Moneycontrol reported.