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    BULK SMSES

    Sebi bars 11 entities for fraudulent trading in Supreme Tex Mart stock

    In its first interim order dated February 2017, the regulator barred Gautam Sanjay Khandelwal from accessing the markets for sending SMSes and trading in the scrip of STML.

    Sebi fines 15 entities for fraudulent trading activities using bulk SMSes

    An investigation was conducted by Sebi in the scrip of the company during April 2014 to May 2015 period. It was found that from July 25, 2014, bulk SMSes were circulated with recommendations to buy the shares of the company.

    Trai directs corporates to comply with directive on pesky messages

    “It has been decided that those Principal Entities which do not comply with the regulatory requirements, will be notified by the Access Providers to comply with the regulatory requirements within 3 days time period failing which the names of defaulting entities would be displayed on the website,” the Trai said in a press note.

    Telcos stop issuing delivery reports on bulk SMSes, companies fret

    Companies who send bulk SMS with numeric headers are complaining that not revealing which SMS was actually delivered to the end user means they won't be able to ascertain if their SMS reached its target audience. Also, they will now need to pay for all the messages, irrespective of whether they were delivered or not.

    Trai scraps rule that mandated 100 SMSes at discounted rates

    This means operators will have a free hand in fixing charges for such bulk SMSes by non-commercial users, and Trai's practice of forbearance will extend to such messages too, an official explained.

    Sebi bans 10 entities for fraudulent trade with fake SMSes

    The regulator has collectively referred Goldleaf and the six individuals as "identified entities".

    The Economic Times
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