The front-running agency is also conducting searches on premises linked to Joshi and several other brokers since morning. The ED raid was ongoing at the time of going to the press.
Joshi was sacked in May 2022, by the asset management company after allegations of front-running and broker payments surfaced.
Front-running is a type of financial misconduct where a fund manager makes trades based on non-public information about upcoming orders. This illegal practice involves a broker or analyst using confidential information to acquire securities or enter into options or futures contracts for their own benefit. Such actions can provide certain traders with an unfair advantage and harm other investors.
この記事は The Free Press Journal の September 10, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は The Free Press Journal の September 10, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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