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Angel One Ltd has settled a probe by the Securities and Exchange Board of India on alleged front running by one of the authorised persons of the broking firm by paying a settlement amount of 2.16 mln rupees. The market regulator had issued a show cause notice to Angel One on Apr 24 regarding the breach of the Prohibition of Fraudulent and Unfair Trade Practices Regulations and other regulatory provisions, according to a settlement order issued by SEBI today.
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