Sebi has introduced a one-time settlement scheme for brokers involved in the NSEL scam, offering a capped penalty and optional debarment in exchange for resolving regulatory violations. The move aims to expedite enforcement, reduce litigation, and ease compliance burden, though brokers facing criminal charges or exchange defaults are excluded from the scheme.
Nithin Kamath slams ‘Dark Patterns’ in finance apps, tells how Zerodha remains clean
Zerodha CEO Nithin Kamath criticized financial apps for using manipulative ‘dark patterns’ that mislead users into actions not in their best interest. He emphasized Zerodha’s