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[hfe_template id='11223'] [ad_1] Mumbai: Sebi chairperson Madhabi Puri Buch has traded in listed securities worth about Rs 37 crore during her tenure at the regulatory body, violating its conflict-of-interest policy, Congress alleged on Saturday in a fresh salvo against her. The country’s main opposition party also accused Buch of making investments abroad including in Chinese funds. Congress spokesperson Pawan Khera alleged that Buch traded stocks between fiscal years 2018 and 2023, with the highest value of transactions totalling around Rs 20 crore recorded in fiscal 2019. Section 6 of Sebi code prohibits a board member including the chair from dealing in listed securities when in possession of unpublished price-sensitive information. “Considering the position she holds, she has access to all sorts of information in the securities market,” Khera said. “How could she trade in them?” Buch joined Sebi in April 2017 as a whole-time member before becoming its chair in March...

[hfe_template id='11223'] [ad_1] Trouble for markets regulator Sebi Chairperson Madhabi Puri Buch, which began with American short-seller Hindenburg making some serious allegations against the "Unilever wife" in the Adani controversy, is increasing with each passing day. By now, there are complaints against the IIM-Ahmedabad alumnus from all four sides - international (Hindenburg), domestic (Zee's Subhash Chandra), internal (employee protest) as well as political (Congress). Let's take a look at key allegations against Sebi chief Madhabi Puri Buch: Also read | Explained: Who is behind Hindenburg Research and what is their allegation on Madhabi Puri Buch 1) Hindenburg Research Back in March, Buch had called herself "Unilever wife" at a public forum while explaining how she is working on making the sachetisation of mutual funds with Rs 250 SIP viable. Her husband Dhaval Buch worked in HUL and Unilever globally for 35 years before joining Blackst...