Sebi to review front-running regulations to curb fraud

Nov 26 2012, 02:41 IST
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SummaryThe Securities and Exchange Board of India is planning to review and strengthen regulations related to front-running so that individuals involved in fraudulent and unfair practices can be kept out of the capital market.

trading were amended a few years back. “Earlier, the regulations were different. But now the regulations are that even if you are in the know of that information, whether we are able to establish whether you have used that information or not is immaterial. The very fact that you are possessing that information is enough for us. Given this particular example, we will need to have a serious look at our regulation,” he said.

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