Prohibition of insider trading establishes a regulatory framework and delayed commencement to strengthen market integrity and compliance. These regulations establish a statutory framework to prohibit insider trading in securities, strengthen the legal architecture to prevent trading on ... Summary
Prohibition of insider trading establishes a regulatory framework and delayed commencement to strengthen market integrity and compliance.
These regulations establish a statutory framework to prohibit insider trading in securities, strengthen the legal architecture to prevent trading on unpublished price sensitive information, and provide SEBI the rule-making basis to impose disclosure, trading restrictions and compliance mechanisms. The instrument is titled the SEBI (Prohibition of Insider Trading) Regulations, 2015 and prescribes commencement from a specified period after publication in the Official Gazette.
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