Sebi Cracks Down on Big Four: PwC, EY Execs Accused in YES Bank Insider Trading Case

Sebi has issued show cause notices to executives of PwC, EY, Carlyle and Advent over alleged insider trading linked to YES Bank’s 2022 share sale. The regulator has flagged misuse of unpublished price-sensitive information and serious compliance gaps within top advisory firms.

Delhi High Court Slams SEBI: ‘Intrinsic’ Investigation Report Must Be Shared With Accused

The Delhi High Court ruled that SEBI cannot withhold its investigation report when it forms the basis of criminal prosecution. Denying such documents, the Court held, violates the accused’s right to a fair trial under Article 21.