Front-running cases have invited limited regulatory scrutiny, accounting for a minority of such investigations.
There was only one case taken up and two completed in 2020-21, shows data from the Securities and Exchange Board of India’s last available annual report. This means that the category accounts for less than 5 per cent of investigations completed during the year, and under 3 per cent of cases taken up for investigation, shows an analysis of the data (see chart 1).
Front running is when an entity looks to profit from the price move caused by a large order, illegally using confidential