https://www.scconline.com/blog/post/2021/02/10/ncdrc-if-an-employee-of-a-stockbroker-conducted-fraudulent-arbitrage-operations-for-personal-benefit-causing-loss-to-stockbroker-company-would-that-be-covered-under-fidelity-claus/
NCDRC | If an employee of a stockbroker conducted fraudulent arbitrage operations for personal benefit causing loss to stockbroker company, would that be covered under ‘Fidelity’ clause of an insurance claim? Read on