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Stock manipulation: SEBI looking to monitor BBM and WhatsApp

Submitted by Karthik on 6 May, 2013 - 21:34

The Securities and Exchange Board of India (SEBI) apparently already has a team which monitors blogs and social networks such as Facebook and Twitter for stock fraud where manipulators try to influence people to buy certain stocks thereby driving their price up. But it is finding it difficult to perform the same task with Blackberry and WhatsApp messages.

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