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BofA settles allegation of insider trading rule violation with Sebi

Posted on May 11, 2026
By Business News Today
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1 min read

BofA settles allegation of insider trading rule violation with Sebi

In its settlement order, the SEBI stated that a show-cause notice sent to BofA Securities India alleged the firm's failure to maintain the structured digital database required by insider trading regulations. BofA declined to comment on the settlement order and the allegations.