According to EOW, some brokers played a vital role in crisis along with small brokers.

1. BROKERS VITAL ROLE IN NSEL CRISIS

2. SCHEDULE
 Introduction
 NSEL CRISIS
 EOW INVESTIGATION
 EOW REPORTS
 Prominent Names Of Indians Stock Broking
 Wrap Up

3. INTRODUCTION
 NSEL was an e-platform where Trading Clients through
Brokers have bought and sold commodity contracts.
 Brokers had large legal and compliance departments and
traded in commodities on NSEL on behalf of Trading Clients.

4. NSEL CRISIS
 NSEL Crisis came to light on 31 July 2013, when the present
Defaulters of the Exchange failed to honour their pay-in
obligations and Trading Members who traded on behalf of
their clients could not receive their dues.
 After exhaustive investigations by multiple investigating
agencies such as the EOW, CBI and ED, the 22 defaulters of
the Exchange stand charged for perpetrating the crisis.

5. EOW INVESTIGATION
 Few brokers had lent money to the investors at 10-12% interest
and the investors had invested the same in NSEL trading
platform expecting 15-16% returns.
 Brokers executed bulk purchase orders without their consent.
 Brokers acted as clearing and forwarding agents on behalf of
their clients.

6. EOW REPORTS
 According to EOW, some brokers played a vital role in crisis
along with small brokers.
 EOW during interrogation with the investors, came to know
that the brokers assured them of higher returns from NSEL for
a higher brokerage.

7. Prominent Names Of Indians
Stock Broking
 According to Media Reports, there were some of the
most prominent names of Indians stock broking
such as..
 Anand Rathi Commodities
 India Infoline Commodities
 Geojit Comtrade

8. WRAP -UP
 According to Media Reports, 13,000 trading clients awaiting
their dues.
 781 Ultra High Net Worth individuals have yet to receive close
to Rs 3,605 crores.
 EOW is said to have probed 200 NSEL brokers.
 As on 28th November 2014, the total outstanding from these
defaulters stood at Rs. 5323.66 crore exclusive of interest
payable.

9. THANK YOU
Source: Media Reports
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Images for representation purpose only