Securities and Exchange Board of India (Sebi) on Monday lifted restrictions placed on employees of Infosys and connected entities and dismissed charges of insider trading against them. In a 57-page order, the market regulator vacated interim and confirmatory orders against four individuals and two entities which had barred them from accessing the securities market. The … Read more
A stock market trader who was being investigated for insider trading, sent abusive responses to market regulator Sebi, following which he attracted a fine of Rs 20 lakh. Rajat Mishra, the notice in the matter, replied to Sebi in the offensive phrase — “Notice de rxxe ho ya bxxxk mxxxg rxxe ho.” In this regard, … Read more
ST. PAUL, Minn. — An executive at a medical device company has been convicted in Minnesota of insider trading for a scheme involving negotiations for the acquisition of the firm that was valued at $1.6 billion, federal prosecutors said Tuesday. Doron Tavlin was a vice president for business development at the Minneapolis office of Mazor … Read more
