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NSEL scam: SEBI steps up probe; penalty, ban likely on brokers if found guilty

| Jan 16, 2018, 07:05:58 PM | ET Now
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According to sources, SEBI steps up the NSEL probe against brokers which will soon conclude. Penalty, ban likely on brokers if found guilty, says sources. SEBI has issued show-cause notice to 5 brokers including Anand Rathi, IIFL, Geojit Comtrade, Motilal Oswal and Philip Capital.