India s 6-Step Stock-Market Warning System To Check GameStop-Like Gains India s 6-Step Stock-Market Warning System To Check GameStop-Like Gains Rules created by the Securities and Exchange Board of India together with the nation s exchanges are aimed at preventing unwarranted price swings and manipulation of stocks
The recent U.S. market turmoil has sparked global discussion of regulations governing trading
For regulators hoping to rein in wild moves in small stocks like the 17-fold surge in GameStop Corporation last month, India has a system worth studying. Rules created by the Securities and Exchange Board of India together with the nation s exchanges are aimed at preventing unwarranted price swings and manipulation of stocks with a market capitalization below Rs 25 crore ($3.4 million).