Sebi bans 15 individuals from securities markets for 3 years; slaps Rs 3.6 cr penalty

Sebi has banned 15 individuals for three years and fined them Rs 3.6 crore for manipulating Unison Metals shares via Telegram. Ten others must disgorge over Rs 3.87 crore in unlawful gains. The regulator found a scheme involving misleading recommendations and 'pump and dump' operations, with serial offenders identified.

from Stocks-Markets-Economic Times https://ift.tt/J7Fk1Zc