Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 Archives

Supreme Court clarifies fraudulent trading in derivatives: SEBI vs. Rakhi Trading (2018)

February 8, 2018 / Adjudication, Derivatives Market, Judges, Kurian Joseph, R. Banumathi, Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003, Securities and Exchange Board of India Act, 1992, Securities and Exchange Board of India Act, 1992 with Section 15HA, Securities and Exchange Board of India Act, 1992 with Section 15T, Securities Contracts (Regulation) Act, 1956, Securities Law

Supreme Court on Synchronized Trading and Market Manipulation in Derivatives LEGAL ISSUE: Whether synchronized and reversed trades in the derivatives market constitute fraudulent and unfair trade practices. CASE TYPE: Securities Law Case Name: Securities and Exchange Board of India vs. Rakhi Trading Private Ltd. Judgment Date: 8 February 2018 Introduction Date of the Judgment: 8 […]

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Supreme Court Clarifies “Non-Intermediary Front-Running” under SEBI Regulations: SEBI vs. Kanaiyalal Baldevbhai Patel (2017)

Date of the Judgment: September 20, 2017 Citation: (2017) INSC 763 Judges: N. V. Ramana, J., Ranjan Gogoi, J. Can individuals who are not intermediaries be held liable for front-running in the securities market? The Supreme Court of India addressed this crucial question in a batch of appeals, clarifying the scope of the Securities and