PRELIMINARY - Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003
PRELIMINARY - Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003
Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 Chapter I PRELIMINARY
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Dealing in securities covers trading, influence-driven acts and mule accounts, widening exposure to market fraud. The regulations define dealing in securities to include buying, selling, subscribing or otherwise transacting in securities, acts designed to influence ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Dealing in securities covers trading, influence-driven acts and mule accounts, widening exposure to market fraud.
The regulations define dealing in securities to include buying, selling, subscribing or otherwise transacting in securities, acts designed to influence investor decisions, and assistance in such acts, including transactions through mule accounts. Fraud covers acts, expressions, omissions or concealments in dealing in securities that induce others to transact, including knowing misrepresentations, active concealment, promises without intent, reckless representations, deceptive behaviour depriving informed consent, false statements without reasonable grounds, and issuer misinformation affecting market price. General good-faith comments on economic policy, economic situation, market trends or similar matters are excluded.
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