Nishant M

[Nishant M @Nishantm2222]

@Pooja_BW_IIMK after the inquiry, citing what lead to the violation of principles from ex-MD and ex-senior partner, with the consulting of SEC, properly optimized tested security measures would be put in place and existing measures would be enhanced to prevent any such recurrences.

[Nishant M @Nishantm2222]

Addressing the bad light surrounding our beloved firm Kane and Co., We do not evade taking responsibility for our lapse in ensuring the core principles and values on which this firm was established by our honorable founder Sanjay Singh.

[Nishant M @Nishantm2222]

@Anmol35007 seeing the unstructured rapid growth and scale, strategies before presenting to the public must be optimized, experimented with firm, and consulted alongside SEC, with inquiry in the site and not yet proper disclosure of why the incident occurred, vague measures can be misleading

[Nishant M @Nishantm2222]

@AkshayBrahmbh12 seeing the unstructured rapid growth and scale, strategies before presenting to the public must be optimized, experimented with firm, and consulted alongside SEC, with inquiry in the site and not yet proper disclosure of why the incident occurred, vague measures can be misleading

[Nishant M @Nishantm2222]

@SoniyaHassina it is necessary to be transparent at this moment, letting SEC assure that it was not in the firm's interest for such misfortune to take place, it shows our confidence and the foundation of our beliefs, leading to making us capable of demanding trust from all the stakeholders.

[Nishant M @Nishantm2222]

@charusharmak considering the unstructured rapid growth and scale, strategies before presenting to the public must be optimized, experimented with firm, and consulted alongside SEC, with inquiry in the site and not yet proper disclosure of why incident occurred, vague claims can be misleading

[Nishant M @Nishantm2222]

@bajaj_speaks @backwatersiimk There is no mention of optimized, feasible, and incentivized measures for handling the scale and an otherwise fail-proof system and its experimentation followed by implementation

[Nishant M @Nishantm2222]

@AkshayBrahmbh12 The committee that you have proposed setting up would fail as there is the possibility of forming an oligopoly within or the entire firm, even the constitutional justice follows a democratic approach, even if you do so, how will you ensure its integrity in both cases ?

[Nishant M @Nishantm2222]

@krrishkoh Talking of no stone unturned, taking into consideration the rapid unstructured growth and present scale of Kane and Co. there is no mention of optimized measures handling the scale and also its feasibility and incentivization, and rate of alignment of the said system

[Nishant M @Nishantm2222]

@SoniyaHassina use of AI/ML in predicting the possibility of fraud based on past behavior, as of now as ANN's credibility in ML is under research and far from industry-based induction, also taking Kane and Co's rapidly expanded scale, and source for training data, feasibility is in question

[Nishant M @Nishantm2222]

@abiBackwaters Here the CEO has mentioned the standards of corporate governance would act as the countervailing force, but there is no consideration of optimization and tailoring of such standards, not necessarily all would work, which puts feasibility into question

[Nishant M @Nishantm2222]

@TahseenIIMK @backwatersiimk The CEO here is not proposing a system or measures followed by the incentivization, feasibility, and implementation of the same or making a comment regarding it, making it difficult in addressing all the stakeholders and prevention of recurrence of such an event again.

[Nishant M @Nishantm2222]

Kane and Co have come a long way since its establishment, we deeply regret not identifying the leaks and loopholes, we are enlightened from the catastrophe and are developing modifications and enhancements in our system, and reinforcing promptly

[Nishant M @Nishantm2222]

we are deeply regretted at this moment of our commitment to our clients put in question. We at Kane and Co are principled in prioritizing our client’s interests above all and imparting the best service that adds value to them, ensuring the utmost integrity and honesty.