FinanceTimes of India
'Front-running patterns seen in PMS by Sebi's AI tools'
in5points
Sebi has extensively deployed AI tools for market surveillance.
AI alerts revealed patterns indicating front-running in the PMS industry.
Sebi Executive Director Manoj Kumar stated the regulator is analyzing investor impact.
Sebi is adopting a handholding approach for compliance and resolution.
The regulator aims to raise awareness and deter activities perceived negatively by investors.