Sebi's front-running investigations rise even as overall cases dip

More probes were completed than in the previous year


By the end of the previous financial year, Sebi had 1,149 cases pending in courts, of which 1,043 cases were older than two years

Khushboo TiwariSachin P Mampatta Mumbai
Investigations into front running increased even as the number of probes into other violations specified in the prohibition of fraudulent and unfair trade practices (PFUTP) regulations decreased.

The PFUTP rules cover violations like price manipulation, accounting fraud, and fraudulent accounting practices, in addition to front-running.

Stock market regulator Securities and Exchange Board of India (Sebi) took up more front-running investigations and also recorded higher completion rates in financial year ending 2021-22 (FY22), shows an analysis of data from its annual report released earlier this month. The number of front-running cases taken up rose from one to seven. Completed cases rose from two to eight (chart 1).

Also Read

Should recent events at Axis Mutual Fund worry India's retail investors?

Extraordinary leader, partner and friend: Tributes to Anshu Jain

Indian app developers hail CCI penalty on Google as 'collective victory'

Indian developers benefit from Android, Play: Google on CCI penalty

BS Number Wise: The increasing dominance of bank-owned mutual funds

Uncertainty on revenue growth, margin outlook hits Gland Pharma stock

Sebi clarifies on block mechanism facility pertaining to demat accounts

SJVN soars 11% on commissioning 75 MW solar power project in Uttar Pradesh

LT Foods surges 4%, hits new high on fund raising plan; up 12% in 3 days

Dabur to acquire 51% stake in Badshah Masala; stock rises 4%

First Published: Oct 27 2022 | 9:53 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to