Sebi appoints enquiry officer to vet Deloitte's forensic audit on NSE

Official to ascertain exact volumes, monetary benefits due to lapses at NSE's co-location facility

The Securities and Exchange Board of India (Sebi) has appointed an enquiry officer to examine the forensic audit conducted by Deloitte India, a third-party auditor, on the National Stock Exchange’s (NSE’s) co-location facility. The appointment could be a precursor to passing a final order in the matter.

According to sources, the officer has been tasked with corroborating the Deloitte findings with the Sebi’s internal data. The regulator wants to ensure the system audit by Deloitte was in line with the directions given by the Sebi’s internal panel set up initially, a source said. Sources said the officer would also ascertain