Besides market operators, including staff members of some brokerage firms, are also under the scanner for colluding with company executives in the WhatsApp leak case, which came to light late last year. Photo: BloombergNew Delhi: Sebi will soon take action against some market operators and senior staff members of about a dozen listed blue-chip firms for their alleged involvement in leak of price-sensitive information through WhatsApp. According to top officials, the regulator is taking a tough stand on the companies that fail to fix individual responsibility for any leak of price-sensitive information. Besides, the market operators, including staff members of some brokerage firms, are also under the scanner for colluding with the company executives in the case, which came to light late last year. The regulator had also conducted search and seizure operations in this regard at various places, including on the premises of various market entities.

Source: Mint June 05, 2018 11:15 UTC