As many as 35 stock brokers have been probed by capital market regulator Sebi for possible lapses in controls related to money laundering and terror financing, and further action may be taken soon in

Some little-known brokers have come under the scanner of market watchdog Sebi for suspected manipulative activities in stocks by spreading rumours about certain listed companies including a few mid-cap entities whose share prices fell like nine-pins last week.

Rejecting the idea of assuming a CVC-like role of anti-corruption watchdog for the private sector, capital market regulator Sebi has said it wants listed entities to follow a nine-point disclosure nor