Leo Global Commodities Registration Cancelled for Indulging

Leo Global Commodities Registration Cancelled for Indulging in Paired Contracts on NSEL Platform

Market regulator Securities and Exchange Board of India (SEBI) has cancelled the stock broker license of Leo Global Commodities Pvt Ltd for dealing in or facilitating paired contracts on the National Spot Exchange Ltd (NSEL) platform. Leo Global Commodities has been asked to allow its existing clients to withdraw or transfer securities or funds held in its custody within 15 days.

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