Six entities pay Rs 3.49 crore to settle front-running trade case with Sebi

Sebi reached a settlement with six entities involved in a front-running case. The entities paid a total of Rs 3.49 crore in settlement charges. They also disgorged unlawful gains with interest. The case involved trading ahead of large clients on the NSE. Sebi investigated potential violations of PFUTP rules. The entities will face a six-month debarment from securities markets.