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The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. Artem Kliuchnikov and his family fled Ukraine just days before the Russian invasion. 'Wild West' Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. Under the Sebi Act, the regulator has the power to carry out search and seizure of books, registers, documents including electronics and digital devices from any person associated with the securities market.
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