December 1, 2021

Sebi bans Cayman Islands-based hedge fund in insider-trading case

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BS Reporter/Mumbai From Smart Investor Unearthing a major case of insider trading in the shares of L&T Finance Holdings (LTFH), the Securities & Exchange Board of India (Sebi) on Thursday barred Factorial Master Fund, a Cayman Islands-based hedge fund, from the Indian securities markets. The role of other entities, including some employees of investment banking […]