Securities and Exchange Board of India (SEBI)
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Penalties, fines levied
2015-18
February 13, 2019: The Times of India
See graphic:
Penalties, fines levied by SEBI, 2015-18.
Securities and Exchange Board of India (Sebi), under the finance ministry’s department of economic affairs stated that according to the Sebi Act, 1992 only the courts have the power to impose fines. Sebi, on the other hand, has the power to levy penalty and not fine.