SEBI ‘Finds’ Confidential Information Leak From BofA On 2024 Block Trade: Report
The regulator also allegedly faulted the bank for lacking adequate safeguards to prevent leaks of confidential capital‑markets transactions. Bank of America is preparing a response to SEBI's accusations and is expected to seek a multi‑million‑dollar settlement without admitting or denying wrongdoing, it said.
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