BROKERDEFAULTS
Moneylife Digital Team 29 April 2022
Sunness Capital India Pvt Ltd (Sunness Capital) has become the 32nd defaulter broker since May 2019, to be expelled by the National Stock Exchange (NSE).

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On the eve of International Women’s Day, when the financial sector ought to have celebrated a woman finance minister and first woman market regulator, the arrest of Chitra Ramkrishna, once high-profile and much-feted former managing director (MD) and chief executive officer (CEO) of the National Stock Exchange (NSE) dampened the enthusiasm.

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Moneylife Digital Team 16 February 2022
CM Goenka Stock Brokers Pvt Ltd has become the 30th broker since May 2019, expelled by the National Stock Exchange (NSE) for default.

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Moneylife Digital Team 28 January 2022
The National Stock Exchange (NSE) has declared Delhi-based Omkam Capital Markets Pvt Ltd as a defaulter and expelled it from its membership.

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Moneylife Digital Team 16 July 2021
Fresh broker defaults continue and the industry is now seeing a record 28 defaults or expulsions since November 2019, just a little before the pandemic.

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Moneylife Digital Team 25 March 2021
The National Stock Exchange (NSE) has declared Delhi-based Bezel Stock Brokers Pvt Ltd as a defaulter and expelled it from its membership.

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Thousands of investors have lost big chunks of their savings in the past two years because our ‘well-regulated capital market’, which boasts multiple safeguards such as investor protection funds and settlement guarantee funds, has turned out to be a mirage.

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Moneylife Digital Team 07 December 2020
At 18 broker defaults on the National Stock Exchange (NSE) and 16 on the Bombay Stock Exchange (BSE), the year 2020 has seen the highest number of broker defaults in the past 20 years.

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