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Deepak Parekh: The Ultimate Insider

3 replies on “Deepak Parekh: The Ultimate Insider”

Well caught, clearly exposed. But wait… Do SEBI rules apply to big (too big to fail!) people?
Yesterday there was a report on some people sending insider info through whatsapp messages. SEBI rules say “anyone who acts on insider information is in violation” Here Mr Parekh openly admits that he (and his organisation) acted on the insider info – that Moodys is going to upgrade. What more does SEBI need?

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