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Sebi shows new-age teeth in bursting Axis MF front running scandal

Used tech know-how to read mobile tower signals, comb through reams of Bloomberg chats

Topics
SEBI | Axis Mutual Fund | Markets

Khushboo Tiwari & Abhishek Kumar  |  Mumbai 



Sebi

From a reading of mobile tower signals and dissecting dubious whistle-blower complaints to piecing together Bloomberg chat extracts, capital regulator Securities and Exchange Board of India (Sebi) has gone the extra mile in blowing the lid off a front-running scandal at (MF), which has resulted in ill-gotten gains of over Rs 30 crore.

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First Published: Wed, March 01 2023. 19:34 IST

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