When it comes to financial markets, people actually might find it easier to cheat. And they cheat more. Why is that you ask? Well, Arriley's story is that it's because stocks are intangible. If you look at a robbery, it's visible and the impact is clear. But with front running, you don't really see the impact on others.
10 months ago, we wrote about the front-running scandal that rocked Axis Mutual Fund. Now SEBI, the capital markets regulator, has published a 96-page report of their initial findings and we just couldn’t ignore it.
So in today’s episode for 3rd March 2023, we dive into the murky world of front-running once again. But take it one step further — why do people indulge in such practices?
Also here's a quick sidenote from Team Ditto. If you're someone who has experience in recruitment especially from Colleges, Ditto is looking to hire a Campus Recruiter. So if you're interested or know someone who is, please click this link.