For full copy of order against CFL SECURITIES LTD., click here.

PRESS RELEASE - SEBI

January 25, 2005
PR No. 19/2005

Registration of M/s. CFL Securities Ltd., member of NSE, suspended

Securities and Exchange Board of India (SEBI) has passed an order dated January 19, 2005 suspending the certificate of registration of M/s. CFL Securities Ltd., member of National Stock Exchange, for a period of six months. 
 
M/s. CFL Securities Ltd., violated the provisions of SEBI circulars, SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations and SEBI Stock Broker Regulations.
 
 
Mumbai
 
January 25, 2005