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Sebi bans 3 individuals, 2 entities in LIC front-running case

SEBI also confiscated illegal gains of Rs 2.44 crore made by them in the front-running case ....

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LIC Front Running Case: SEBI Bans 5 Entities From Securities Market

Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer. ....

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LIC front running trade case: Sebi bans 5 entities from securities mkt; impounds Rs 2.44 cr

Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer. Also, they have been asked to "cease and desist" from engaging in any fraudulent, manipulative or unfair ....

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