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SEBI's Ban on JPMorgan Unit Over CAS Manipulation and Price Rigging
- ⚖️verdict
SEBI penalizes and bans JPMorgan unit from trading operations over alleged Sensex closing auction price rigging
Market regulator SEBI enacted a swift and stringent trading ban against a JPMorgan entity on August 21, 2026, following allegations of manipulating the Closing Auction Session to rig benchmark indices. Financial authorities issued explicit warnings to traders, emphasizing zero tolerance for attempts to distort closing stock prices.
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