Merchant bankers prohibited from trading on unpublished price sensitive information obtained during professional assignments. Regulation 26 bars a merchant banker and its directors, partners, managers, principal officers, compliance officer or specified employees from entering ... Summary
Merchant bankers prohibited from trading on unpublished price sensitive information obtained during professional assignments.
Regulation 26 bars a merchant banker and its directors, partners, managers, principal officers, compliance officer or specified employees from entering into transactions in securities of bodies corporate on their own accounts or through associates or relatives when such transactions are based on unpublished price sensitive information obtained during the course of any professional assignment from clients or otherwise.
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