The Price of Information: How SEBI’s Crackdown Reshapes Power Market Trust
When a regulator becomes the subject of regulatory action, it sends ripples far beyond the corridors of power. The Securities and Exchange Board of India’s (SEBI) recent order directing Central Electricity Regulatory Commission (CERC) officials and associated persons to disgorge ₹1.73 billion after interim findings of insider trading linked to the Indian Energy Exchange (IEX)…