Market regulator Sebi has settled proceedings against 91 commodity brokers in the National Spot Exchange Ltd (NSEL) matter, with several entities agreeing to temporary restrictions on proprietary trading and taking up new clients in the commodity segment.
This is part of a settlement scheme, introduced by Sebi for commodity brokers who traded on the now-defunct NSEL platform. The scheme remained open from August 25, 2025, to February 25, 2026.