According to CNBC TV18, CBI has registered FIR against four people, including one former and one present ED of SEBI

The Central Bureau of Investigation (CBI) on Monday registered first information report (FIR) against former members of Securities & Exchange Board of India (SEBI). This include, JN Gupta, Muralidhar Rao, Vishakha More and Rajesh Dangeti, says a report from CNBC TV18. No more

details were available.

 

JN Gupta, was executive director for a two year term from July 2009 and was in charge of market regulations, surveillance, derivatives and new products departments at SEBI. An IIT Kanpur graduate, Gupta is the founder and managing director of Stakeholders Empowerment Services - a proxy advisory services and corporate governance research enterprise.

 

SV Muralidhar Rao is also executive director of SEBI in the department of economic and policy analysis (DEPA).

 

Rajesh Dangeti is deputy general manager (Dy GM), while Vishakha More is an assistant general manager (AGM) in the market regulation department. More had received the best employee award from the Union Ministry of Social Justice and Empowerment in 2012.