Co-location case: SEBI bars Ajay Shah, others from association with all SEBI-recognised entities for 2 years

It was alleged that Ajay Shah, who had collected NSE trade data in 2005-06 under the pretext of research activities, developed a software that was sold to select brokers who are at the centre of the co-location controversy.

from Moneycontrol Business News http://bit.ly/2vtquAb