SEBI final order against Madhav Stock Vision for front running
SEBI issued a final order against Madhav Stock Vision Pvt. Ltd. and others for front running activities.
SEBI concluded enforcement action against Madhav Stock Vision and associated entities for front running. The order reinforces SEBI's ongoing focus on detecting misuse of non-public order information by intermediaries and connected parties in Indian markets.
Front running enforcement signals heightened surveillance expectations on brokers, dealers, and connected accounts.
Action Required
Review trade surveillance controls and employee/connected-account monitoring for front running patterns.
Confirms SEBI's continued enforcement priority on market abuse and information misuse by intermediaries.
Assess adequacy of pre-trade and post-trade surveillance, PA dealing policies, and connected-account monitoring against SEBI enforcement trend on front running.
“SEBI Final Order in the matter of front running by Madhav Stock Vision Pvt. Ltd. and Others.”