<ul><li>SEBI imposed a Rs 3 lakh penalty on Motilal Oswal Financial Services for breaching stockbrokers' norms.</li><li>SEBI's inspection revealed that trading terminals were not placed at designated authorized places.</li><li>Four terminals at NSE were operated by individuals who were not the approved users assigned to them.</li><li>Motilal Oswal Financial Services violated stockbrokers' rules and failed to ensure its APs engaged only in permitted activities, resulting in the penalty imposition.</li></ul>

SEBI Imposes Rs 3-Lakh Penalty On Motilal Oswal Financial Services

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