NSEL scam Take 2 - The Hindu BusinessLine

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MUMBAI: Stock exchanges have decided to bar defaulters, who caused Rs 5,500-crore payment crisis at NSEL, from all trading activities as per direction from markets regulator Sebi in the latest crackdown against such entities. While action has been initiated against nine defaulters so far, more entities would face similar fate if they fail to pay the money owed by them to the National Spot ... A panel of secretaries, headed by Economic Affairs Secretary Arvind Mayaram, is likely to meet on September 18 to review developments at payment crisis-hit National Spot Exchange Ltd (NSEL). Sebi said its investigations found that 13 persons "prima facie" traded in these stocks when in possession of 'unpublished price sensitive information'. The chargesheet adds that the UCC modification was done without the consent of the investors. India Business News: National Spot Exchange Limited (NSEL) may have violated money laundering laws, a report submitted to the finance ministry by the Enforcement Directora Of the 12,735 clients who lost money in the NSEL crisis, SFIO says it got responses from 7,217 and nearly 84 per cent of them were found to have never traded in commodities before their brokers ... Forex. Forex News Currency Converter. Bonds. Stock Game. ChartMantra Technicals Trading Game. Webinars. More . Sitemap. Definitions. Business News › Markets › Stocks › NSEL scam derailed commodity market in 2013. NSEL scam derailed commodity market in 2013. SECTIONS. NSEL scam derailed commodity market in 2013. PTI Last Updated: Dec 25, 2013, 03:08 PM IST. Share. Font Size. Abc Small ...

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Why does time pass? The Economist - YouTube

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