How a Rs 5 note played a crucial role in Rs 1.3-crore-worth front-running racket
A Sebi investigation has revealed how a dealer and few authorised persons of three brokerages front-ran trades of a big client.
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A Sebi investigation has revealed how a dealer and few authorised persons of three brokerages front-ran trades of a big client.
Sebi on Tuesday barred two individuals from the securities market for three years and imposed a penalty of over Rs 77 lakh on them for their involvement in front-running. Front-running refers to an illegal practice in the stock market where an entity trades based on advanced information from a broker or analyst before the information has been made available to its clients.
Feb 29 (PTI) Sebi on Thursday barred 12 entities, including promoter of V Marc India Ltd, from the securities market for engaging in a fraudulent scheme to manipulate volumes and price of the company's shares.
What was done via TV is happening online and this makes it even harder to squash the practice.
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