SEBI has barred 34 entities from the capital market for fraudulent dealings in the shares of 12 companies. It has also restrained the main conspirator of the alleged manipulative trades, Sunil Mehta from accessing the securities market for a period of seven years. In a statement issued in Mumbai, SEBI said that 13 entities have been barred for five years as they had played an active role in the manipulation and were found to be directly connected with Mehta. The remaining entities have been restricted from accessing the securities market for a period of three years. The regulator had probed the irregularities in stock trading of the 12 firms from 1st March to 15th December, 2009 and found huge changes in prices of these shares.