SMC Global securities ...........Moneywise Be wise

1 DATE 15-SEP-2009 SSETTLEMENT CHARGES PAID 10 LAKHS

alleged indulgence in creation of artificial market and price manipulation violating regulations 4(1), 4(2)(a), 4(2)(b), 4(2)(e), 4(2)(g) and 4(2)(n) of sebi (pfutp) regulations,2003 in scrip of jubilant organosys ltd.
http://www.watchoutinvestors.com/Press_Release/sebi/smcglobalorder.PDF?cntrl_no=BRK3716

2 DATE 31-JUL-2009 SETTLEMENT CHARGES RS.7.5 LAKHS
alleged failure in exercising due skill, care and diligence while dealing in securities market
dealt with un-registered sub-brokers
alleged failure in exercising due skill, care and diligence while dealing in securities market
http://www.watchoutinvestors.com/Press_Release/sebi/samconsent.pdf?cntrl_no=BRK3099

3 DATE 05-JUN-2009 SETTLEMENT CHARGES 7.5 LAKHS
alleged indulgence in irregular transactions in f&o segment of national stock exchange
http://www.watchoutinvestors.com/Press_Release/sebi/smcconsent.pdf?cntrl_no=BRK2868

4 DATE 04-JUN-2009 SETTLEMENT CHARGES 7.5 LAKHS
alleged indulgence in irregular transactions in f&o segment of national stock exchange
http://www.watchoutinvestors.com/Press_Release/sebi/smcglobalconsent.PDF?cntrl_no=BRK2860

5 18-JUN-2007 SETTLEMENT CHARGES 6 LAKHS
indulged in non-genuine, synchronized and fictitious transactions in f&o segment

6 08-AUG-2008 SETTLEMENT CHARGES 15 LAKHS
alleged failure in maintaining high standards of integrity, promptitude and fairness in conduct of business and did not act with due skill, care and diligence

alleged portrayal of negative and bearish outlook of market to its clients

alleged large scale unauthorized distribution of terminals

dealt with un-registered sub-brokers

alleged failure in exercising due caution while executing large orders on behalf of client

alleged proprietary trading from more than one location

alleged unauthorized persons operating proprietary account activated terminals

alleged unauthorized diversion of brokerage income

alleged dealing through more than one broker and not reported off-the-floor transactions to exchange

alleged non-collection of margins from clients

alleged discrepancies in know your client forms

alleged discrepancy in issuance of contract notes

alleged non-segregation of client funds from brokers funds

alleged non-compliance of requirements of unique client code

alleged placing of advertisements in newspapers soliciting business

alleged change of constitution without prior permission from sebi

alleged non-disclosure of proprietary trading to clients

alleged dealing with sub brokers not having good financial standing

alleged irregularities in issue of preference share capital


7 DATE 30-APR-2008 SETTLEMENT CHARGES 5 LAKH

dealt with un-registered sub-brokers

alleged non-segregation of clients account

alleged discrepancies in know your client forms

alleged irregularities in maintenance of acknowledgement copy of contract note

Total SETTLEMSNT CHARGES PAID 58 LAKHS RIGHT TO CONTINUE FUNCTIONING PRICELESS