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“Once you are a fiduciary (broker, investment advisor, lawyer etc), you have a duty to put the interest of the client ahead of you, that’s the origin of front-running,” said Sandeep Parekh, founder of ...
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Front-running exploits the information asymmetry in the markets, with insiders benefiting at the expense of regular investors. (Image/Reuters) The markets regulator recently barred stockbroker ...
Of late, instances of front-running scam have been on the rise. The market regulator has been unearthing case after case of front-running, including a recent one involving big fish Ketan Parekh.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit. Kindly note the image has been posted only for representational purposes.
Two individuals on Wednesday settled a case pertaining to an alleged front-running with Sebi by paying a settlement fee of Rs 91 lakh. Apart from the settlement amount, these two individuals -- ...
Disgraced stock market operator Ketan Parekh, popular for his major involvement in the 2001 stock market crash, has once again come into the spotlight for his alleged involvement in a major financial ...
India’s market regulator, the Securities and Exchange Board of India (Sebi), has uncovered a sophisticated front-running scam involving Ketan Parekh, a notorious stock market manipulator, and ...
The Securities & Exchange Board of India (SEBI) has unearthed a front-running scam in the Indian securities market and in an interim order, debarred 22 entities, including Singapore-based stock ...
Markets regulator Sebi on Thursday barred three individuals, including Ketan Parekh, from the securities markets with immediate effect for their alleged involvement in a front-running scheme which ...