Stock-market warning system from India curbs GameStop-like gains

For regulators hoping to rein in wild moves in small stocks like the 17-fold surge in GameStop Corp last month, India has a system worth studying. Rules created by the Securities and Exchange Board of India (Sebi) together with the nation’s exchanges are aimed at preventing unwarranted price swings and manipulation of stocks with a market capitalisation below Rs 25 crore ($3.4 million).

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