SEBI Sends Show-Cause Notice To BSE
  • Prabha Hegde
  • Jul 19 2013

July 19: Bloomberg TV India learns that SEBI has issued a show-cause notice to the Bombay Stock Exchange seeking details on the recent market flash crash in 2011. This follows a similar notice that had been issued to the NSE. The market regulator alleges that proper margin requirements have not been met.