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Weekly Climate and Energy News Roundup #595

"Without liberty, law loses its nature and its name, and becomes oppression. Without law, liberty also loses its nature and its name, and becomes licentiousness." James Wilson (1790)

CapitalVia Global Research, 2 Directors Penalised Rs30 Lakh for Charging Exorbitant Fees from Clients

Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs30 lakh on Indore-based CapitalVia Global Research Ltd and two directors, Kiran Ravindra Kumar Choudhary and Rohit Gadia for charging exorbitant fees from clients for investment products or services without adequate disclosures and risk profiling of these clients. In November 2022, SEBI has imposed a fine of Rs50 lakh on CapitalVia, Mr Choudhary, Mr Gadia and Prem Prakash. However, while discarding the order, the Securities Appellate Tribunal (SAT) directed SEBI to hear the matter afresh.

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