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SEBI chairman warns against market manipulation, following a major hedge fund's ban and fine.
SEBI Chairman Tuhin Kanta Pandey emphasized that market manipulation will not be tolerated, following SEBI's ban on New York-based hedge fund Jane Street, which was ordered to pay back Rs 4,843 crore for allegedly manipulating stock indices.
SEBI has increased surveillance to prevent such practices.
Pandey also stressed the importance of transparency for chartered accountants and hinted at possible similar issues with other foreign investors.
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El presidente de SEBI advierte contra la manipulación del mercado, luego de la prohibición y multa de un gran fondo de cobertura.