Securities and Exchange Board of India (SEBI) has initiated an inquiry into the alleged leak of the list of stocks that were to be subjected to additional surveillance measures (ASM), which would put more trading curbs on these stocks.
“It has been reported in a section of the press that a list of stocks which were to be subjected to ASM was leaked prior to announcement by stock exchanges on May 31, 2018. SEBI has taken note of the same and has ordered an inquiry into the matter,” said SEBI.
Reports said the list, that was released by the exchanges on May 31, was allegedly leaked to certain market participants before the official release.