Question
The National Stock Exchange of India (NSE) has slammed
Angel One for failing to monitor the operations of its authorized persons (APs), which resulted in alleged violation of capital market regulations & has slapped a monetary penalty of ______.Solution
The National Stock Exchange of India (NSE) has slammed Angel One for failing to monitor the operations of its authorised persons (APs), which resulted in alleged violation of capital market regulations.The exchange has slapped a monetary penalty of Rs 1.67 crore and prohibited the brokerage from onboarding new APs for a period of six months.
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