This year there were 18 default brokers.
In this current world, with NSE/BSE and SEBI regular inspection. It is heavily moderated/controlled.
How on earth do brokers actually dodge/bypass the regulators ?
Are the inspections not worthy ? or are they blind to find out default brokers ? What is the reality ? How can brokers default when it’s highly regulated ? Is the inspection not very strict ?
Kindly share your opinion/views…