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Angel One pays ₹21.64 lakh to settle front-running trade case
short by Mansi Agarwal / on Friday, 27 September, 2024
Stock broker Angel One has paid ₹21.64 lakh to settle allegations of front-running. An investigation by SEBI found Jitendra Kewalramani, an authorised person of Angel One, was "in possession of the details of the impending orders to be placed by the big clients". He allegedly ran front-running trades through his trading account and accounts of entities linked to him.
read more at Moneycontrol