Merchant bankers prohibited from trading on unpublished price sensitive information obtained during professional assignments.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of bodies corporate on their own accounts or through associates or relatives when such transactions are based on unpublished price sensitive information obtained during the course of any professional assignment from clients or otherwise.
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.
Provisions expressly mentioned in the judgment/order text.
Merchant bankers prohibited from trading on unpublished price sensitive information obtained during professional assignments.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of bodies corporate on their own accounts or through associates or relatives when such transactions are based on unpublished price sensitive information obtained during the course of any professional assignment from clients or otherwise.
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