SEBI’s AI flags front-running patterns in PMS; consultation paper soon | Chennai News
Manoj Kumar, executive director of SEBI Chennai: Market regulator Securities and Exchange Board of India (SEBI) on Friday said it has extensively deployed artificial intelligence (AI) capabilities, with the technology generating a growing number of actionable alerts. These alerts have helped uncover patterns indicating instances of front-running in the portfolio management services (PMS) industry.“Recently, we…
