$30K Fine for Infosys CEO Salil Parekh for Inadequate Insider Trading Controls
Salil Parekh, CEO of Infosys, has agreed to pay a $30,000 fine for not implementing sufficient insider trading controls, as documented by the Securities and Exchange Board of India (SEBI). SEBI's settlement order revealed that during a 2020-2021 investigation, it was found that a strategic partnership between Infosys and Vanguard,...