Sebi bans 4 entities from securities mkt; fines Rs 4 cr in Zee Business guest expert case

SEBI has barred four entities from the securities market for two years and imposed a total penalty of Rs 4 crore for engaging in fraudulent trading practices. These entities exploited advance information of stock recommendations from Zee Business channel experts. They profited by trading ahead of public announcements, creating information asymmetry and harming investors.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *