India's Securities and Exchange Board of India (SEBI) has accused a Bank of America (BofA) unit of violating insider trading rules and breaching internal controls during a 2024 block sale of Aditya Birla Sun Life AMC shares. SEBI alleges the bank's deal team shared price-sensitive information with unauthorized employees and misled investigators. BofA is reportedly seeking a settlement without admitting guilt, while the case originated from a 2024 whistleblower complaint.