SEBI's Insider Trading Orders: Is There Any Method in the Madness?
On 13th January, the Securities and Exchange Board of India (SEBI) issued an ex-parte order to bar Hemant Ghai, host of a show on CNBC Awaaz, from the capital market for price manipulation and unfair trade practices. Social media erupted with vindication, since complaints about SEBI’s inaction over market manipulation have been rife. Does this signal increased seriousness about tackling market manipulation, front-running and insider trading, which has been fairly brazen in the past few years? Hold on. Investors who think that SEBI’s interim orders and show-cause notices signal impro...
Source: moneylife.in