Saturday, October 17, 2020

Restraining trader from accessing securities market for 6 months was unwarranted as he had no link with buyer

SEBI : Investigation by SEBI revealed that appellant, trader and investor in capital market traded in scrip's of company 'AVIL' which led to positive contribution to last traded price of scrip's, which was manipulative and fraudulent and violative of regulations 3 and 4 - SEBI thus, passed order restraining appellant from accessing securities market for a period of six months

from www.taxmann.com Latest Case Laws https://ift.tt/354nADu

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