credit-suisses-india-operations-suspended-for-a-month

Credit Suisse's India operations suspended for a month

SEBI suspends Credit Suisse in India for one month on account of trades conducted during 1999-2000.
IndiaÆs SEBI Securities Exchange Board of India announced on Friday, August 11 that Credit Suisse in India was suspended for one month for omission to observe the code of conduct, relating to trades conducted more than 6 years ago in the 1999-2000 time period.

Credit Suisse First Boston India Securities was suspended in India for regulatory issues for a period of two years in April 2001. In an investigation at the time a number of stocks were identified as exhibiting trading irregularities in the 1999-2000 time period. One of these was South East Asia Marine Engineering and Construction Limited formerly Peerless Shipping, and it was because of this stock that the current one...
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