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Sebi fines 21 entities, bars ex-Axis executive Viresh Joshi
NEW DELHI: Capital market regulator Sebi on Friday levied fines totalling Rs 7.5 crore on 21 entities, including Axis Mutual Fund's former fund manager Viresh Joshi, and barred them from securities markets for up to seven years in a case related to front-running allegations. Front-running refers to an illegal practice in the stock market where an entity trades on the basis of advance information from a broker or analyst before the information has been made available to their clients.
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thehindubusinessline.com
SEBI fines Pace Stock Broking in Axis Mutual fund front-running case
SEBI fines Pace Stock Broking ₹4 lakh for failing to maintain proper trade records in Axis Mutual Fund front-running investigation.
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economictimes.indiatimes.com
Sebi bars former Axis MF dealer Viresh Joshi from securities markets for 7 years front-running case
Sebi has banned Viresh Joshi and Prijesh Kurani from the securities market for seven years. This action stems from a front-running case involving Axis Mutual Fund trades. The…
