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NSEL case: MPID court declares 16 broking firms as financial establishments

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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Alpha Commodity's Registration Cancelled by SEBI in NSEL Paired Contracts Case

Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration of Alpha Commodity Pvt Ltd for dealing in or facilitating paired contracts on the National Spot Exchange Ltd (NSEL) platform. ....

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