Franklin Templeton debt schemes: SEBI bans Vivek Kudva, wife from accessing securities market for 2 years; imposes 7 crore fine

The duo were proceeded against after redeeming units in certain schemes of the now wound up Franklin Templeton mutual funds debt schemes while allegedly being privy to material non-public information.

The Securities and Exchange Board of India (SEBI) has barred senior official of Franklin Templeton Vivek Kudva, his wife Roopa Kudva from accessing the securities market for two years after finding them guilty of unfair trade practices.

Loading content, please wait...
Bar and Bench - Indian Legal news