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SEBI Bans 6 Individuals for Indulging in Stock Price Manipulation - (14 Jan 2022)

CAPITAL MARKET

Securities and Exchange Board of India has cracked down on WhatsApp and Telegram groups in which stock-tips were being shared to inflate share prices. The Board has barred six individuals from accessing the securities market, after making a prima facie finding that they had indulged in fraudulent and unfair trade practices by making baseless stock recommendations through social media groups.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   STOCK PRICE MANIPULATION  

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