Question

What action can the Board take if it finds that a person has violated or is likely to violate any provisions of the SEBI Act, or any rules or regulations made thereunder?

A The Board may impose a monetary penalty without further investigation
B The Board may suspend the person's operations permanently
C The Board may pass an order requiring the person to cease and desist from committing or causing the violation
D The Board must refer the matter to a higher authority for further action
E The Board can only issue a warning without taking further action
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