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Friday, February 28, 2020

Sebi’s Rs 17 lakh fine on Motilal Oswal Financial Services for not segregating clients’ funds

Sebi’s Rs 17 lakh fine on Motilal Oswal Financial Services for not segregating clients’ funds
“On the basis of above mentioned, inspection alleged that there were instances where MOFSL had indulged into intermingling/misuse of clients’ funds,” Sebi said in its order.

Source: TFE

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