Using tech to crack down on insider trading: Sebi's Madhabi Puri Buch

Chairperson Madhabi Puri Buch says developing algos to identify mis-selling and other violations

The Securities and Exchange Board of India (Sebi) is working on various ways to crack down on serious offences such as front-running and insider trading using sophisticated data and technology. The market regulator has increased the use of data and analytics for surveillance and regular inspections, Chairperson Madhabi Puri Buch said at an event organised by IIM-Bengaluru on Friday.

By application of simple logic and in-house software, Sebi is able to identify insider trading and front-running too, she said.

“Algos can detect whether the front-running is at the mutual fund level or at the brokers’ end. If the trades of