A stock broker is one who invests other people™s money until its all gone. - Woody Allen, American Film Maker. In any profession, you will find people who take advantage of those who aren't in the know-how. Whenever you buy something, there are chances of you being cheated. But not all brokers fit the ˜swindler… Read More
Front-running is an illegal practice where, a stock broker or any other intermediary derives benefit from the advance knowledge of its customer™s trade. Definitions The Eight edition of Black™s law dictionary defines front-running as A broker™s or analyst™s use of non public information to acquire securities or enter into options or future contracts for his or her own benefit, knowing that… Read More
Tags: 2003 Regulation, Black's Law Dictionary, Capital market, Dipak Patel Order, Front running, Prohibition of Fraudulent, SAT, SEBI, Securities & Exchange Board of India, Securities market, The Honourable, Unfair competition
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