Sebi cancelled the registrations of 39 stock brokers and 7 commodity brokers for failing to meet registration requirements.
22 depository participants' registrations were cancelled due to lack of affiliation with any depository.
The cancellations aim to prevent misuse of Sebi registration and protect investors.
Cancelled stock brokers include Bezel Stock Brokers, Reflection Investments, Sumpoorna Portfolio, Vineet Securities, Quantum Global Securities, and others.
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