SEBI Fines BSE ₹25 Lakh for Regulatory Lapses
Why in the news
SEBI fined BSE after an inspection.
Violations found
- Early access: BSE’s Listing Compliance Monitoring (LCM) team and paid subscribers could see corporate announcements before they appeared on the website.
- Weak broker supervision and late enforcement action.
| Item | Detail |
|---|---|
| Penalty | ₹25 lakh by SEBI |
| Inspection | Feb 2021 to Sep 2022 |
| Payment window | 45 days |
About BSE
- Bombay Stock Exchange, established 1875, Mumbai; oldest in Asia.
Exam angle
- Penalty ₹25 lakh; deadline 45 days.
- BSE: 1875, Mumbai.