Key Points
ET Intelligence Group: A record number of 1,192 appeals were filed before the Securities Appellate Tribunal (SAT) during the year - up 53% over the previous year revealed the regulator's FY23 annual report released on Monday..
During FY23, Sebi undertook 144 investigations compared to 59 in the previous year..
The regulator inspected 42 merchant bankers in FY23 versus just eight in FY22, and 833 BSE stockbrokers were inspected compared to 385 in the previous year...
In terms of enforcement action under the Sebi (Intermediaries) Regulations 2008, it issued 58 cancellations of market intermediaries - more than double the previous year - and issued 24 suspensions of intermediaries compared to six in FY22..
