News > SEBI tightens grip to combat market abuse in mutual fund

SEBI tightens grip to combat market abuse in mutual fund

SEBI issued a circular for the Asset Management Companies to help the companies identify and deter potential market abuse, including front-running and fraudulent transactions in securities. According to SEBI, the circular issued on Monday follows extensive consultations with stakeholders, including the Mutual Funds' Advisory Committee and is a response to the growing need for enhanced surveillance in the financial markets.