| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ANAND SUBRAMANIAN
(PAN:AARPA8290K)
|
|
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
VIOLATED PART B OF SCHEDULE II OF SECC REGULATIONS, 2012 READ WITH REGULATION 26(2) OF SECC REGULATIONS, 2012 READ WITH SEBI MASTER CIRCULAR DATED 31/12/2010
FACILITATED LAYING OF CABLE FOR WAY2WEALTH BROKERS PVT.LTD. (BY SAMPARK) SO AS TO PROVIDE LATENCY ADVANTAGE TO WAY2WEALTH BROKERS PVT.LTD. OVER OTHER STOCK BROKERS
ALLOWED WAY2WEALTH BROKERS PVT.LTD. AND GKN SECURITIES TO CONTINUE TO AVAIL SAMPARK CONNECTIVITY EVEN AFTER FINDING OUT THAT SAMPARK DID NOT HAVE REQUISITE LICENSE
DID NOT CONDUCT SITE INSPECTION OF WAY2WEALTH BROKERS PVT.LTD.AND GKN SECURITIES WHILE THE PROCEDURE OF CONDUCTING INSPECTION WAS FOLLOWED FOR MILLENNIUM, GRD AND SMC OFFICE FOR SUCH CONNECTIVITY
|
DIRECTED NOT TO HOLD ANY POSITION, EITHER DIRECTLY OR INDIRECTLY IN MANAGEMENT AND/OR OR BOARD OF OR BE ASSOCIATED, DIRECTLY OR INDIRECTLY, WITH ANY STOCK EXCHANGE, CLEARING CORPORATION, DEPOSITORY RECOGNIZED OR REGISTERED BY SEBI AND/OR IN ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY OF THEIR RELATED ENTITIES FROM 30-APR-2019 TO 29-APR-2022
DIRECTED NOT TO HOLD ANY POSITION, EITHER DIRECTLY OR INDIRECTLY IN OR BE ASSOCIATED, DIRECTLY OR INDIRECTLY, WITH A COMPANY LISTED IN ANY OF THE STOCK EXCHANGE RECOGNIZED BY SEBI FROM 30-APR-2019 TO 29-APR-2022
30-APR-2019
|
|
| 2 |
|
|
CHITRA RAMKRISHNA
(PAN:ABVPR7353M)
|
|
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
DID NOT EXERCISE ADEQUATE DILIGENCE WITH REGARD TO CO-LOCATION/ALLEGED DARK FIBRE/LEASED LINE CONNECTIVITY TO CERTAIN STOCK BROKERS
|
DIRECTED NOT TO HOLD ANY POSITION, EITHER DIRECTLY OR INDIRECTLY IN MANAGEMENT AND/OR OR BOARD OF OR BE ASSOCIATED, DIRECTLY OR INDIRECTLY, WITH ANY STOCK EXCHANGE, CLEARING CORPORATION, DEPOSITORY RECOGNIZED OR REGISTERED BY SEBI AND/OR IN ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY OF THEIR RELATED ENTITIES FROM 30-APR-2019 TO 29-APR-2022
DIRECTED NOT TO HOLD ANY POSITION, EITHER DIRECTLY OR INDIRECTLY IN OR BE ASSOCIATED, DIRECTLY OR INDIRECTLY, WITH A COMPANY LISTED IN ANY OF THE STOCK EXCHANGE RECOGNIZED BY SEBI FROM 30-APR-2019 TO 29-APR-2022
30-APR-2019
|
SAT: SAT VIDE ITS ORDER DATED 09/08/2023 PARTLY ALLOWED THE APPEAL BY QUASHING DIRECTIONS GIVEN BY WTM OF DEBARRING FROM HOLDING ANY POSITION FOR THREE YEARS AS PER ORDER DATED 30/04/2019
|
| 3 |
|
|
RAVI VARANASI
(PAN:AACPV0930C)
|
|
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
VIOLATED PART B OF SCHEDULE II OF SECC REGULATIONS, 2012 READ WITH REGULATION 26(2) OF SECC REGULATIONS, 2012 READ WITH SEBI MASTER CIRCULAR DATED 31/12/2010
ALLOWED WAY2WEALTH BROKERS PVT.LTD. AND GKN SECURITIES TO CONTINUE TO AVAIL SAMPARK CONNECTIVITY EVEN AFTER FINDING OUT THAT SAMPARK DID NOT HAVE REQUISITE LICENSE
DID NOT CONDUCT SITE INSPECTION OF WAY2WEALTH BROKERS PVT.LTD.AND GKN SECURITIES WHILE THE PROCEDURE OF CONDUCTING INSPECTION WAS FOLLOWED FOR MILLENNIUM, GRD AND SMC OFFICE FOR SUCH CONNECTIVITY
|
DIRECTED NOT TO HOLD ANY POSITION, EITHER DIRECTLY OR INDIRECTLY IN OR BE ASSOCIATED, DIRECTLY OR INDIRECTLY, WITH A COMPANY LISTED IN ANY OF THE STOCK EXCHANGE RECOGNIZED BY SEBI FROM 30-APR-2019 TO 29-APR-2022
30-APR-2019
|
SAT: SAT VIDE ITS ORDER DATED 09/08/2023 PARTLY ALLOWED THE APPEAL BY QUASHING DIRECTIONS GIVEN BY WTM OF DEBARRING FROM HOLDING ANY POSITION FOR THREE YEARS AS PER ORDER DATED 30/04/2019
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
