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Sebi busts IEX insider trading with rare regulator link and INR172 crore unlawful gains
Business
Published on 24 April 2026
Sebi traced gains to an official at another regulator
In a rare move, SEBI implicated officials from another regulator in an insider trading case involving IEX. Investigators found a nexus between regulated entities and a CERC official that allegedly enabled unlawful gains exceeding INR 172 crore. The probe highlights an unusually direct modus operandi, marking the first time SEBI has linked another regulator’s officials in such a case.
- SEBI implicated officials from another regulator for insider trading
- A CERC official was allegedly linked to the IEX trading network
- Unlawful gains reportedly exceeded INR 172 crore
- The alleged modus operandi is described as unusually distinct
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times