SAT stays NSE fine in unfair access case
Updated : May 22, 2019 02:10 PM IST
However, a two-judge panel of SAT asked the NSE to transfer the $90 million to an account managed by the Securities and Exchange Board of India (SEBI), where it will remain untouched until the outcome of the case.
SEBI last month fined the NSE and imposed public fundraising restrictions on the bourse for six months, after finding that the country's largest stock exchange had failed to ensure equal access for all brokers to its network servers.
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