Fresh attempt made at settling NSE's TAP regulatory investigation

Bourse, employees filed fresh application with Sebi in May: NSDL disclosure

The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse.

The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022.
 

“NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi. The matter is currently pending,” said a disclosure made in the documents that the National Securities Depository Limited (NSDL) filed with Sebi.

The company provided information as part of a disclosure on litigation involving group companies. The NSE holds a 24 per cent stake