Sebi initiated probe in 117 new cases in FY'18
Besides, insider trading, takeover violation, among others, accounted for 15 percent of the total cases, while 51 percent were related to other violations of securities laws.
The Securities and Exchange Board of India (Sebi)initiates an investigation based on the reference received from sources such as its integrated surveillance department, other operational departments, and external government agencies.
"The purpose of such investigation is to gather evidence and to identify persons/ entities behind irregularities and violations so that appropriate and suitable regulatory action
can be taken, wherever required," the regulator noted in the annual report for 2017-18.
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