CURRENT AFFAIRS

Detailed explanation-1: -National Stock Exchange (NSE) – Rules and Regulations NSE as an entity regulated by SEBI undergoes regular inspections by them to ensure compliance.

Detailed explanation-2: – If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty of twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is higher.

Detailed explanation-3: -SEBI is a regulatory body that is responsible for protecting the interests of financial investors and companies as they engage in buying and selling of securities. A stock exchange is a platform which allows stockbrokers and traders to buy and sell securities.

Detailed explanation-4: -The term ‘co-location’ means ‘a setup wherein the broker’s computer is located in the same area as the stock exchange’s server.