India's Sebi investigates Quant Mutual Fund for alleged "front running" market manipulation.
India's Securities and Exchange Board of India (Sebi) is investigating Quant Mutual Fund over allegations of "front running," a market manipulation practice involving the use of non-public information to make trades in advance of substantial orders. Quant Mutual Fund, with over 80 lakh folios and assets worth Rs 93,000 crore, has confirmed receiving inquiries from Sebi and is fully committed to cooperating with the market regulator.
June 23, 2024
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