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Tag: manipulation of the market

Sebi bans 15 persons from securities markets for three years; gives a fine of Rs 3.6 cr
Stock Market

Sebi bans 15 persons from securities markets for three years; gives a fine of Rs 3.6 cr

New Delhi, Sebi on Thursday barred 15 persons from the securities markets for three years and imposed a total fine of Rs 3.6 crore for manipulating shares of Unison Metals through misleading stock recommendations circulated on telegram channels. Moreover, the regulator directed ten persons to spend illegal profits of over Rs 3.87 crore, to be […]

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Sebi member heading Jane Street probe leaves office after expiry of term
Stock Market

Sebi member heading Jane Street probe leaves office after expiry of term

Ananth Narayan G, the Indian regulator who led the high-profile investigation into alleged market manipulation by US high-frequency trading firm Jane Street, stepped down on Thursday at the end of his three-year term. Narayan, the second-ranking official at the Securities and Exchange Board of India, headed the market regulation and the department dealing with foreign […]

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