SC upholds high standards of market integrity by partly allowing SEBI Appeal in Rakhi Trading case

Agusta westland

A Supreme Court bench of Justices Kurian Joseph and R. Banumathi has in its recent ruling upheld high standards of market integrity by (partly) allowing an appeal filed by the Securities and Exchange Board of India (SEBI), in a case relating to synchronized trading.

The trades pertain to NIFTY options in the Futures and Options (F&O) segment.

Section 12A of the SEBI Act, 1992 read with Regulations 3 and 4 of the PFUTP Regulations . . .

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