Karvy continues to provide trading services, SEBI widens probe | Editorji
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Karvy continues to provide trading services, SEBI widens probe

Nov 28, 2019 12:54 IST

Karvy Stock Broking  is using physical delivery instruction slips to continue “full support and services as usual” to its clients.

Karvy was barred from taking on new clients and executing trades  by SEBI, for allegedly misusing client securities. 

Karvy Private Wealth, a unit of the brokerage, reportedly issued a note  to tell its clients that it will continue to provide trading services. 

Meanwhile SEBI has expanded its investigation into the default episode to include stock exchanges and a dozen broking firms.