Insider trading prohibition bars employees from trading or encouraging trades on unpublished price-sensitive information and deems them insiders. Employees are prohibited from speculative or badla trading and from encouraging transactions when aware of unpublished price-sensitive information. Each ... Summary
Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015
Insider trading prohibition bars employees from trading or encouraging trades on unpublished price-sensitive information and deems them insiders.
Employees are prohibited from speculative or badla trading and from encouraging transactions when aware of unpublished price-sensitive information. Each employee is deemed an insider under the applicable insider trading regulations, which apply to Board employees, and the onus is on the employee to prove absence of insider trading.
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