# Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case

- Source: Economic Times
- Published: 2026-11-03T16:35:56+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/sebi-levies-rs-40-lakh-penalty-on-four-entities-in-axis-mf-front-running-case/articleshow/135506148.cms
- Canonical: https://groundlevelnews.com/story/sebi-levies-rs-40-lakh-penalty-on-four-entities-in-axis-mf-front-runni-f0eacb/

Securities and Exchange Board of India has imposed a total penalty of Rs 40 lakh on four entities. This penalty includes fines on Woodstock Broking and Marfatia Stock Broking for front-running trades. The investigation spanned from April 1, 2021, to March 31, 2022, involving these entities. Evidence indicated that brokers facilitated these trades by providing necessary infrastructure and assistanc

_Ground Level News shows a short summary only; the full article and all rights belong to Economic Times._