Sebi bans Ketan Parekh, 2 others from securities markets over involvement in front-running scheme

Sebi has barred Ketan Parekh and two others from securities markets for involvement in a front-running scheme that generated illegal gains of ₹65.77 crore. They are also directed to impound these unlawful gains and are restrained from associating with any registered intermediaries.

source https://www.livemint.com/market/sebi-bans-ketan-parekh-2-others-from-securities-markets-over-involvement-in-front-running-scheme-11735838010477.html