Sebi suspends registration certificate of broker

Mumbai, Aug 10 (UNI) Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of M/s Modern Security Traders, a sub-broker affiliated to LSE Securities Ltd, and member of National Stock Exchange of India Ltd. for a period of fifteen days with effect from August 28, 2007.

The SEBI in its order said M/s Modern Security Traders, will not be entitled to carry on business as a sub-broker till September 11.

UNI