NRI Rajiv Jain’s GQG to pay $500,000 penalty to settle US SEC charges
US-based NRI investor Rajiv Jain-led GQG Partners, best known in India for investing in Adani stocks, has been charged by the US Securities and Exchange Commission (SEC) for allegedly violating whistleblower protection rules. The boutique investment firm has agreed to settle charges by paying a $500,000 penalty. “The SECβs order finds that GQG violated whistleblower…
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