MUMBAI: Markets regulator Sebi on Friday warned people about the proliferation of securities market-related fraudulent activities using various social media platforms (SMPs). It also asked people to report such activities on its portal, at https://mi.sebi.gov.in/.With the rise in digital platform usage, fraudsters are enticing victims through trading advice disguised as educational content, Sebi said in…
Adani group chairman Gautam Adani (File photo) The Union law ministry has asked a district court in Ahmedabad to deliver a summons issued by the US Securities and Exchange Commission to billionaire Gautam Adani over alleged securities fraud and a $265 million bribery scheme, according to a letter dated Feb 25, seen by Reuters. The…
Nate Anderson, who recently announced the closure of his research firm Hindenburg, faces scrutiny over alleged connections with hedge funds in preparing company reports to target them, reports a Canadian portal citing documents submitted to an Ontario court.Court filings at the Ontario Superior Court of Justice reveal that Moez Kassam, who heads Canada’s Anson hedge…
Nate Anderson, who recently announced the closure of his research firm Hindenburg, faces scrutiny over alleged connections with hedge funds in preparing company reports to target them, reports a Canadian portal citing documents submitted to an Ontario court.Court filings at the Ontario Superior Court of Justice reveal that Moez Kassam, who heads Canada’s Anson hedge…
