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Indian regulator's crackdown on info leak might face privacy breach issues

Sebi officials raided offices and homes of as many as 30 brokers on Dec 22, seizing mobile phones and laptops.


A SERIES of raids by India's market regulator, investigating whether corporate announcements were prematurely leaked by market participants in social media chatrooms, were the largest it has conducted.

But the Securities and Exchange Board of India (Sebi) will likely face...