SEBI issues interim order against CERC officials over insider trades in IEX
SEBI has issued an interim order against two officials of the Central Electricity Regulatory Commission and connected parties for trading in shares and derivatives of Indian Energy Exchange (IEX) ahead of policy decisions. The regulator alleges misuse of insider information tied to upcoming regulatory announcements. Positions have been frozen, and SEBI has barred the individuals from market participation until further notice. This action underscores increased regulatory scrutiny in sectors straddling energy and capital markets.
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1 day ago
SEBI issues interim order against CERC officials over insider trades in IEX
SEBI has issued an interim order against two officials of the Central Electricity Regulatory Commission and connected parties for trading in shares and derivatives of Indian Energy Exchange (IEX) ahead of policy decisions. The regulator alleges misuse of insider information tied to upcoming regulatory announcements. Positions have been frozen, and SEBI has barred the individuals from market participation until further notice. This action underscores increased regulatory scrutiny in sectors straddling energy and capital markets.
negative
SEBI issues interim order against CERC officials over insider trades in IEX
1 day ago
1 min read
74 words
SEBI acts against CERC officials for alleged insider trading in IEX, freezing positions and banning market activity.
SEBI has issued an interim order against two officials of the Central Electricity Regulatory Commission and connected parties for trading in shares and derivatives of Indian Energy Exchange (IEX) ahead of policy decisions. The regulator alleges misuse of insider information tied to upcoming regulatory announcements. Positions have been frozen, and SEBI has barred the individuals from market participation until further notice. This action underscores increased regulatory scrutiny in sectors straddling energy and capital markets.
SEBI has issued an interim order against two officials of the Central Electricity Regulatory Commission and connected parties for trading in shares and derivatives of Indian Energy Exchange (IEX) ahead of policy decisions. The regulator alleges misuse of insider information tied to upcoming regulatory announcements. Positions have been frozen, and SEBI has barred the individuals from market participation until further notice. This action underscores increased regulatory scrutiny in sectors straddling energy and capital markets.