Capital Group Is the Affected Party in India Front-Running Case
- The $2.7 trillion fund manager says it worked with SEBI
- Ketan Parekh was banned by India’s regulators last week
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Capital Group said it was the money manager affected by a front-running case that led India’s market regulator to once again ban Ketan Parekh, a former stock broker who shook the nation’s market at the turn of the century with one of the worst scandals in its history.