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SEBI to release circular to contain Karvy-like incidents

Feb 17, 2020 18:28 IST

SEBI on Monday said it will soon come out with a circular to prevent incidents like Karvy Broking Services Ltd, which had allegedly misused clients' securities. In November, the watchdog barred the firm from taking new brokerage clients after it was found that the brokerage company had allegedly misused clients' securities to the tune of more than ₹2,000 crore.

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