SEBI's Investigative Surge: 342 Cases in 2023-24, Focus on Market Manipulation and Insider Trading
The Securities and Exchange Board of India (SEBI) has shown a significant increase in its investigative activities, with 342 cases taken up in 2023-24, including a notable focus on the stock market today. This surge reflects the regulator's commitment to maintaining transparency and deterring malpractice in the country's financial markets, particularly in stock market manipulation and insider trading. Over the decade from 2013-14 to 2023-24, SEBI initiated 1,667 investigations and concluded 1,603, including backlogs, with tradingview-like platforms potentially aiding in tracking suspicious activities. The majority of these cases, approximately 76%, revolved around market manipulation and insider trading. In the most recent year, market manipulation and price rigging accounted for 47% of cases, while insider trading made up 51%. The regulator's enforcement activities have seen fluctuations in the types of cases over the years, with a consistent focus on maintaining stock market integrity.
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