1,900% surge: Why Sebi is concerned about stock-price manipulation in SME segment
Tuesday, 26 September 2023
India's markets regulator, the Securities & Exchange Board of India (Sebi), is increasing its monitoring of platforms catering to small businesses, as they are more susceptible to manipulation due to fewer compliance requirements. The BSE Ltd and National Stock Exchange of India have extended their short-term surveillance rules to include firms listed on their small and medium enterprises (SME) platforms.
India's markets regulator, the Securities & Exchange Board of India (Sebi), is increasing its monitoring of platforms catering to small businesses, as they are more susceptible to manipulation due to fewer compliance requirements. The BSE Ltd and National Stock Exchange of India have extended their short-term surveillance rules to include firms listed on their small and medium enterprises (SME) platforms.
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