{
  "id": 11414382,
  "title": "SEBI Fines SMC Global Securities Rs 1 Lakh, Finds Lapses In Client Order Records And Authorised Person Supervision",
  "url": "https://urgent.news/2026/10/02/sebi-fines-smc-global-securities-rs-1-lakh-finds-lapses-in-client",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T10:02:52.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sebi-fines-smc-global-securities-rs-1-lakh-finds-lapses-in-client-order-records-and-authorised-person-supervision"
  },
  "original_language": "en",
  "account": null,
  "summary": "New Delhi: The Securities and Exchange Board of India has imposed a Rs 1 lakh penalty on SMC Global Securities for lapses in maintaining client order records and supervising an authorised person. The action followed a thematic inspection covering January to September 2024. SEBI examined complaints relating to unauthorised trading and the broker’s procedures for recording client orders. SEBI Flags…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}