{"id":21367,"date":"2023-10-17T06:22:49","date_gmt":"2023-10-17T06:22:49","guid":{"rendered":"https:\/\/sattaexpress.co.in\/index.php\/2023\/10\/17\/sebi-order-in-favor-of-econo-broking-freeze-lifted\/"},"modified":"2023-10-17T06:22:49","modified_gmt":"2023-10-17T06:22:49","slug":"sebi-order-in-favor-of-econo-broking-freeze-lifted","status":"publish","type":"post","link":"https:\/\/sattaexpress.co.in\/index.php\/2023\/10\/17\/sebi-order-in-favor-of-econo-broking-freeze-lifted\/","title":{"rendered":"SEBI Order in Favor of Econo Broking: Freeze Lifted"},"content":{"rendered":"<p><img decoding=\"async\" width=\"1200\" height=\"900\" src=\"https:\/\/pnn.digital\/wp-content\/uploads\/2023\/10\/1-1-15.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" loading=\"lazy\" \/><\/p>\n<p><strong>New Delhi (India), October 17<\/strong>: In a noteworthy development, SEBI (Securities and Exchange Board of India) has taken a favorable stance in the ongoing Econo Broking case. SEBI&#8217;s recent order, dated October 13, 2023, has led to the lifting of the freeze on certain bank and demat accounts associated with Econo Broking.<\/p>\n<p>Econo Broking, a prominent stockbroker and Depository Participant, had been facing challenges since an interim order was issued on June 19, 2023, following allegations related to securities market manipulation.<\/p>\n<p>The SEBI order not only lifts the freeze but also recognizes that Econo Broking&#8217;s appeal is grounded in merit. This marks a pivotal moment in the ongoing saga and reaffirms SEBI&#8217;s commitment to fairness and due process in the financial market.<\/p>\n<p>This development is not only a win for Econo Broking but also a reaffirmation of principles of fairness and equity in India&#8217;s financial landscape. It emphasizes that Econo Broking&#8217;s appeal is founded on merit, and the regulatory process is firmly grounded in principles of fairness and justice.<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi (India), October 17: In a noteworthy development, SEBI (Securities and Exchange Board of India) has taken a favorable&hellip;<\/p>\n","protected":false},"author":1,"featured_media":21368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[11],"class_list":["post-21367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/21367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=21367"}],"version-history":[{"count":0,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/21367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media\/21368"}],"wp:attachment":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=21367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=21367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=21367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}