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Market regulator SEBI in an interim order asked several guest experts appearing on the Zee Business news channel to cough up Rs 7.41 crore “unlawful gain” that they made by taking opposite positions in the market than they advised on air.
Action has been taken against 15 experts appearing on the channel between February 01, 2022 and December 31, 2022. Some of them were directly involved in taking such unlawful trades, while others enabled them. Some of them have also been barred from trading in the market until further orders, SEBI said in its order on February 8.
www.moneycontrol.com
Action has been taken against 15 experts appearing on the channel between February 01, 2022 and December 31, 2022. Some of them were directly involved in taking such unlawful trades, while others enabled them. Some of them have also been barred from trading in the market until further orders, SEBI said in its order on February 8.
SEBI asks Zee Business guest experts to cough up Rs 7.41 crore
Some of them have also been barred from trading in the market until further orders, SEBI said in its order on February 8
www.moneycontrol.com