Sebi investigating Ketan Parekh for front-running and market manipulation through interconnected entities

From Google: 2025-01-05 09:38:40

The Securities and Exchange Board of India (Sebi) has been investigating Ketan Parekh for front-running for 30 months. The probe revealed that Parekh had executed market manipulation through a group of interconnected entities. Sebi has issued show-cause notices to Parekh and others involved in the case. Parekh allegedly used multiple trading accounts to manipulate stock prices. The investigation is ongoing, and Sebi is expected to take further action based on the findings. This case highlights the importance of regulatory oversight in maintaining the integrity of the stock market.



Read more at Google: Ketan Parekh: Inside Sebi’s 30-month front-running probe | Stock Market News – Mint