Sebi has fined Anand Rathi Shares & Stock Brokers Ltd Rs 5 lakh for violating regulatory norms, including misusing client funds and failing to maintain records.
The SEBI has clarified that people who have been providing stock-market education will need to do with stock prices with a three-month lag.
"A person engaged solely in education shall mean that such person is not engaged in any of the two prohibited activities," wrote SEBI.
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