Sanjiv Bhasin, former IIFL Securities director and well-known TV market expert, has appealed to the SAT against Sebi’s order accusing him of front-running and stock manipulation. Sebi barred him and 11 others from trading, alleging he took positions before public stock tips to earn unlawful gains. The order also directed the impounding of Rs 11.37 crore in alleged profits.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets