Supreme Court disposes of SEBI appeals against NSE in co-location, dark fibre cases

Supreme Court SEBI NSE
Covered by 3 sources
- The Hindu National·16h agoSupreme Court disposes of SEBI appeals against NSE in co-location, dark fibre cases
In July, SEBI had accepted two settlement applications filed by the NSE for an aggregate amount of about ₹1,492 crore. Of this, about ₹1,224 crore pertained to the co-location case, while ₹268 crore related to the dark fibre case, also known as the leased-line connectivity case.
Read at The Hindu National → - Deccan Chronicle Ent·23h agoSC Closes SEBI’s Pleas Against NSE After Rs 1,500-Crore Settlement
The co-location and dark fibre cases relate to allegations that certain stockbrokers received unfair, preferential speed advantages to access market data and trade before other investors.
Read at Deccan Chronicle Ent → - ET Markets·1d agoSupreme Court dismisses Sebi’s plea against NSE: Report
In a pivotal ruling, India's supreme court has dismissed the regulatory challenges raised by market authorities against the National Stock Exchange. This verdict eliminates a major hurdle for the exchange's initial public offering, addressing previous controversies over…
Read at ET Markets →