BSE Shares Down over 1% as Sebi Slaps ₹25 Lakh Penalty for Flouting Regulatory Norms
- On June 25, 2025, SEBI fined BSE ₹25 lakh for regulatory lapses involving unequal access to corporate disclosures and inadequate supervision of brokers who frequently altered trade details.
- The penalty was imposed following a review carried out from February 2021 to September 2022 that found BSE granted early access to corporate announcements to its internal monitoring team and certain paying clients.
- SEBI found BSE failed to ensure equal and timely information dissemination, did not monitor client code modifications properly, and lacked disciplinary action against brokers frequently altering trade details.
- SEBI highlighted that providing details about listed companies to BSE's LCM staff and its paying subscribers ahead of the general public compromises the fairness, transparency, and neutrality of information dissemination, underscoring the critical role of exchanges as the initial level of regulatory oversight.
- The penalty highlights BSE's lapses in regulatory compliance, emphasizing the need for stronger internal controls to maintain market integrity and equal access to sensitive information.
14 Articles
14 Articles
SEBI Fines Rs 25 Lakh Penalty on BSE for flouting regulatory norms
Capital markets regulator Sebi on Wednesday slapped a Rs 25 lakh penalty on BSE for failing to provide equal access to corporate disclosures to all stakeholders and take action against brokers with frequent modifications during trades.
Regulator Strikes: SEBI Penalizes BSE INR 25 Lakh for Norm Violations
For failing to give all stakeholders equitable access to corporate filings and to take action against brokers who make frequent changes during trading, capital markets regulator SEBI fined the BSE INR 25 lakh on 25 June.Following an inspection that took place between February 2021 and September 2022, the market regulator issued the order. SEBI ruled in a 45-page ruling that BSE had violated standards by allowing its paid clients and internal lis…
Coverage Details
Bias Distribution
- 60% of the sources lean Right
To view factuality data please Upgrade to Premium