May
21, 2010
PR No. 125/2010
Consent Order in the
matter of HSBC Investdirect Securities (India) Ltd.
A Panel consisting of Whole Time
Members, SEBI, Dr. K. M. Abraham and Shri Prashant
Saran, has passed consent order dated May 18, 2010 on an
application submitted by HSBC Investdirect Securities
(India) Ltd., in accordance with SEBI circular dated
April 20, 2007 for consent orders. The applicant has
remitted a sum of Rs.40,00,000/- (Rs. forty lakh only)
towards settlement charges as terms of consent in the
matter. SEBI has accepted the said terms of settlement
and this consent order disposes of the enforcement
action against HSBC Investdirect Securities (India)
Ltd., Trading Member-BSE (SEBI Regn. Nos.
INB/INF011328433) and NSE (SEBI Regn.
Nos.lNB/INF231324238).
The order comes into force with immediate effect.
Mumbai
May 21, 2010
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