MC Explains: Why are mule accounts dangerous and how Sebi plans to use brokers as gatekeepers
These accounts are set up to “carry’” out or route illegal activities such as front-running and pump-and-dump scams. These accounts are in the name of one person but are used by others such as fund managers or brokers
Wolf Pexels Madhabi Puri Buch Securities And Exchange Board Of India Sebi Madhabi Puri Buch Tockbroker Regulations Market Fraud
Source: moneycontrol.com