India Power Regulator Launches Insider Trading Probe ...Middle East

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India Power Regulator Launches Insider Trading Probe
India’s energy regulator has opened an internal investigation after the Securities and Exchange Board of India (SEBI) accused several officials of insider trading related to power market reforms. The Central Electricity Regulatory Commission (CERC) confirmed Thursday that it has suspended three employees and set up a fact-finding committee following SEBI’s interim order earlier this week, according to Indian media.  The case centers on trading in shares of the Indian Energy Exchange (IEX), India’s dominant platform for spot…

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