BusinessPhoto: Business StandardNSE Flags Broker Lapses in Margin Trading and Client Fund Handling
The National Stock Exchange (NSE) identified multiple broker lapses from October 2025 to March 2026, including failure to collect adequate margins for margin trading, extending facilities against ineligible securities, and mishandling client funds. Issues included excess payouts, non-settlement of funds, improper pledging of securities, and unauthorized fund transfers by authorized persons. NSE highlighted these regulatory breaches in a recent circular.
Business Standard·




