National Stock Exchange (NSE) has suspended the license of Karvy Stock Broking with effect from December 02, 2019 due to non-compliance of the regulatory provisions of the Exchange. The exchange informed that the brokerage firm has been suspended from capital market, Futures & Options (F&O), Currency derivatives, Debt, Mutual Fund Service System (MFSS) and commodity derivatives segments.
from taxmann.com News https://www.taxmann.com/topstories/222330000000019775/nse-suspends-karvy’s-stock-broking-license-for-non-compliances.aspx
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