SEBI reprimanded Ankur Jain of Winway Research for multiple regulatory breaches, including routing client funds through employee accounts, charging overlapping fees, failing to maintain call records, and not resolving SCORES complaints, rejecting his defense explanations.
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record close
The Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq soared to a