18 Mar 2026 | 5 Mins Read
SEBI settles cases against 111 brokers in algo platform breaches
Flipitmoney
SEBI settled enforcement proceedings against 111 stockbrokers for associating with algorithmic trading platforms promising assured returns. The brokers paid Rs 1 lakh each, totaling Rs 1.11 crore, under a special settlement scheme introduced in 2025, avoiding further action and regulatory proceedings against them. The scheme applied to well-known and regional brokers alike.