Stepping up its fight against money laundering and terror funding through capital markets, Sebi inspected more than 200 stock brokers and sub-brokers during the last fiscal to check any possible non-compliance.
This marks a significant jump from total 81 brokers and sub-brokers on whom such inspections were carried out during the previous fiscal 2011-12.
Without disclosing the names of the entities inspected, Sebi has said it carried out 162 stock brokers and 39 sub-brokers in 2012-13, up from 69 brokers and 12 sub- brokers during the previous year.
Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks