<ul data-eligibleForWebStory="false"><li>Sanjiv Bhasin appeals to the Securities Appellate Tribunal (SAT) against SEBI in a front-running case where SEBI alleged he manipulated stock prices by buying shares before recommending them on media channels and selling for profit.</li><li>SEBI had directed Bhasin and 11 others to impound illegal gains of ₹11.37 crore and prohibited them from dealing in securities until further notice.</li><li>Bhasin denied all allegations, stating he did not benefit monetarily from the trades, and called SEBI's computation of unlawful gains 'erroneous'.</li><li>The SAT has adjourned the hearing to July 21, with Bhasin's cousin also seeking relief in the matter. The investigation followed complaints of stock manipulation between January 2020 and June 2024.</li></ul>

Sanjiv Bhasin appeals to SAT against SEBI in front-running case

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