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Sebi chief Tuhin Kanta Pandey emphasized that banks' management holds a moral responsibility for insider trading compliance, urging stronger internal controls. His remarks follow Sebi's action against IndusInd Bank's former CEO and executives for alleged insider trading related to accounting discrepancies. Sebi places responsibility on the board of directors, MDs, and compliance officers to ensure compliance with PIT regulations.
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The US actress was part of the company's controversial "Great Jeans" campaign which drew backlash.
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Jane Street has approached the Securities Appellate Tribunal against the Securities and Exchange Board of India. The firm alleges Sebi denied access to crucial documents. These documents are related to manipulation allegations. Jane Street claims the documents contain correspondence between NSE and Sebi. This correspondence could prove no manipulation occurred. The tribunal is likely to hear the matter soon.
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News and Media
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