India’s SEBI bars two entities over alleged cross-derivatives manipulation
SEBI barred two entities over a “novel” cross-segment price manipulation tied to stock derivatives and ordered impounding of alleged wrongful gains pending investigations.
India's markets regulator on Wednesday barred two entities over a "novel" cross-segment price manipulation involving stock derivatives and ordered the alleged wrongful gains to be impounded pending investigations. The Securities and Exchange Board of India alleged Prrsaar Sampada Private Limited and Chau…