The SEC charged a father, son, and friend with violation of Sections 17 a 1 and 3 of the Securities Act of 1933 and Section 10b of the Securities Act of 1934 and Rule 10b 5 and the Attorney’s Office for the District of New Jersey filed a 12 count indictment against each of them.
Don’t let over centralization and stock manipulation, for which Adani’s and pump-and-dump scrips are under a scanner, endanger the efficiency with which India’s economy must emerge.