Axis Asset Management Company (AMC), its Trustee, former CEO Chandresh Kumar Nigam and three other individuals have settled with Sebi a case of alleged failures in monitoring the activities of dealers, leading to the front-running of Axis Mutual Fund trades.
Sebi relaxes F&O monitoring norms for intraday limits, removes penalty for breach
Sebi has mandated exchanges to monitor at least four intraday position limits for index derivatives starting April 1, 2025. While breaches won’t incur penalties yet,