Sebi disposes of cases against former NSEL official

NEW DELHI: Sebi on Tuesday disposed of two cases of alleged violation of insider trading norms against Shreekant Javalgekar and his wife Asha with regard to the shares of MCX and FTIL, the parent of defunct National Spot Exchange Ltd (NSEL). Shreekant was associated with MCX and NSEL and is now with Financial Technologies (India) Ltd (FTIL).