In the US, billionaire businesswoman Martha Stewart went to jail for insider trading. Another billionaire, Steve Madden was arrested for Stock manipulation. In India, we are aware of insider trading in several stocks before the results using whatsapp communication mode including in companies like Axis Bank, Bata India. But SEBI just gave them a mere warning. Did any CEO, CFO go to jail for this? Now, why does SEBI want to stop small traders? It shows SEBI's high handedness on small traders. In both cases, small traders are the victims. For whom does SEBI really stand for?