Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Front-running case: Sebi bans 7 cos from securities market for 3 yrs
Sebi on Wednesday barred seven entities from the securities market for up to three years and directed them to disgorge 'unlawful profit' of INR 35 lakh made by them in a case of front-running the trades of Sanctum Wealth. The matter came out from an alert generated by Sebi's surveillance system indicating the suspected front-running of trades of Sanctum Wealth by certain connected entities. After this, the regulator carried out an investigation into the matter.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.