IIFL Securities plunges 18% as Sebi bars onboarding new clients for 2 years
The SEBI has prohibited the Company from onboarding new clients for a period of two years in respect of its business as a stock broker.
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The SEBI has prohibited the Company from onboarding new clients for a period of two years in respect of its business as a stock broker.
“It may be noted that the order does not affect the companys existing business with the existing clients,” IIFL Securities said in an exchange filing.
After the closure of the West Coast Business Development Centre (WCBDC) in Saldanha, Chris Meyer decided to go on his own.
SimplyBiz has launched a ‘Vulnerable Clients Week’ campaign, intended to help members support their clients during a “vulnerability epidemic” exacerbated by the Covid-19 pandemic. The campaign, which starts today (28 March), will cover topics such as regulatory activity around vulnerable persons, implications of
SimplyBiz will be working to tackle the ‘vulnerability epidemic’ alongside the independent Financial Vulnerability Taskforce. The taskforce was launched by the Personal Finance Society in January to address various forms of consumer vulnerability. In an update today SimplyBiz said it will encourage member firms to