Archive · 20 Nov 2025
Trader Settles Front-Running Case with SEBI for ₹96 Lakh
A trader named Atul Gopeshwar Chaturvedi was caught doing something called 'front-running'.
This means he traded stocks based on secret information he had before other people knew about it.
He had to pay a big fine and won't be allowed to trade for a while.
SEBI, the stock market's rule-maker, found out he did this many times with his family and friends.
Atul Gopeshwar Chaturvedi, a former trader at Antique Stock Broking Ltd, settled a front-running case with SEBI
He paid ₹96 lakh and disgorged ₹1.48 crore in wrongful gains
Chaturvedi will be debarred from the securities market for six months
SEBI found 348 instances of front-running involving Chaturvedi and his associates
Front-running involves trading based on advanced, non-public information
- Who
- Atul Gopeshwar Chaturvedi, a former trader at Antique Stock Broking Ltd
- What
- Settled a front-running case with SEBI
- When
- November 18, 2023
- Where
- Securities market in India
- Why
- For suspected front-running of trades of Societe Generale
- Settlement Amount
- ₹96 lakh
- Wrongful Gains Disgorged
- ₹1.48 crore
- Debarment Period
- Six months
- Instances of Front-Running
- 348
- Big Client Involved
- Societe Generale