SAT quashes SEBI penalty on NSE, ex-CEOs in co-location case

National Stock Exchange and ex-CEOs’ SEBI penalty in co-location case quashed by SAT The Securities and Exchange Board of India’s (Sebi) ruling penalising the National Stock Exchange (NSE) in the co-location issue with a fine of Rs. 1 crore was overturned by the Securities Appellate Tribunal (SAT) on Monday. A 25 lakh penalty levied against … Continue reading SAT quashes SEBI penalty on NSE, ex-CEOs in co-location case