India’s markets regulator has accused a Bank of America (BofA) business of violating insider trading rules and breaking internal “Chinese walls” in a 2024 share sale, a notice from the Securities and Exchange Board of India (SEBI) showed.
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BofA, which did not respond to requests for comment, has filed an application with SEBI to settle the charges without admitting guilt, a source with direct knowledge of the matter said. The application is under review by SEBI, said the … [3895 chars]
Source: Reuters | Published: 2026-01-08T01:19:21Z
Credit: Reuters
