Hong Kong
2025-04-29 13:49
IndustrySEBI bans broker called Patel Wealth
Markets regulator SEBI has found a case of stock price manipulation involving a broker named Patel Wealth Advisors and its four directors. They used a trick called 'spoofing' to make illegal profits of ₹3.2 crore over more than three years. SEBI has ordered them to return the money and banned them from the stock market while the investigation continues.
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SEBI bans broker called Patel Wealth
Markets regulator SEBI has found a case of stock price manipulation involving a broker named Patel Wealth Advisors and its four directors. They used a trick called 'spoofing' to make illegal profits of ₹3.2 crore over more than three years. SEBI has ordered them to return the money and banned them from the stock market while the investigation continues.
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