If the amount fir so small in HDFC case then something is amiss or just a smokescreen. I have a feet that much bigger trading of such nature keeps happening very frequently and we do hear anything about SEBI taking more such actions
Did I read that right? Those two guys made a profit of 5.67 lacs and 2.5 lacs, and were fined 35 lacs and 39 lacs... R u sure? The profit wasn't in crores?
If the amount fir so small in HDFC case then something is amiss or just a smokescreen. I have a feet that much bigger trading of such nature keeps happening very frequently and we do hear anything about SEBI taking more such actions
Did I read that right? Those two guys made a profit of 5.67 lacs and 2.5 lacs, and were fined 35 lacs and 39 lacs... R u sure? The profit wasn't in crores?
Civil penalties for insider trading under sebi regulations can be 3 times the profit made. Which is very weak imo. Should be 10x.
I am thinking the same, if some has just made some lakhs then what's the big deal is there. Is this incomplete information.
Idiots like u should not comment. "some has just made some lakhs then what's the big deal"
So if I made a crore through trading on inside info....u expect that "if" I get caught I should only pay up the detected profit that I made?
Then what's stopping me to keep doing insider trading? The max I have to cough up will be the profits I make.