A man stops his motorcycle in front the Securities & Exchange Board of India in Mumbai, India (Photographer: Adeel Halim/Bloomberg News)
Of the many allegations facing Franklin Templeton Mutual Fund, ranging from high risk strategies to mismanagement, the most egregious is the contention that its officials may have indulged in insider trading.These are yet only claims made in news reports based on information in an unpublished forensic audit. The audit report was commissioned by SEBI late last year, months after Franklin Templeton announced that it would be winding do...