SEBI Cancels Registration Of 39 Stock Brokers, Seven Commodity Brokers For Non-Compliance.

The Securities and Exchange Board of India on Friday cancelled the registration of 39 stock brokers and seven commodity brokers for failing to meet registration requirements. The market regulator also revoked the registration of 22 depository participants who are no longer affiliated with any depository.

The 39 stock brokers whose registrations have been cancelled include Bezel Stock Brokers, Reflection Investments, Sumpoorna Portfolio, Vineet Securities, Quantum Global Securities and many more.